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A Better Way to Gauge Profitability

EXECUTIVE SUMMARY Return-on-equity (ROE) is the correct profit metric to evaluate the performance of a business. However, the primary emphasis on financial ratio analysis must be on operating performance. The “advanced” version of the DuPont model remedies the original model’s failure to cleanly separate the effects of operating and financing...

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July 1, 2021

Eliminate asterisks from data in Excel

One of the easiest ways to remove specific text, letters, or symbols from an Excel spreadsheet is to use the Find and Replace feature.

July 1, 2021

Use Clipboard history to easily paste multiple items

You can access and paste the last 25 items that you copied from Excel and other Microsoft Office applications.

July 1, 2021

Take control of your home Wi-Fi with Gryphon

A look at applications, gadgets, and other technology that can improve a CPA’s job and life.

June 24, 2021

Tax consequences of nonfungible tokens (NFTs)

These new blockchain-created digital assets may be treated as intangibles for tax purposes, but a dearth of guidance leaves questions.

June 21, 2021

For firms, advanced tech is no longer optional

Firms that place well-thought-out tech solutions at the forefront of their strategy will be best positioned to gain the most in the future.

June 17, 2021

Understanding the global minimum tax and the growing risk of ransomware

Amy Wang Miller, CPA, J.D., senior manager with the AICPA’s Tax Policy & Advocacy team, explains what the framework means, what accounting and finance professionals can expect next, and what the future of a global minimum tax looks like.

June 10, 2021

Advice for meeting efficiency and more on the new AICPA board chair

A Technology Q&A co-author talks about maximizing efficiency in meetings. Also, get a peek into the new AICPA board chair’s approach to client service.

June 8, 2021

Use the Camera tool in Excel to create dynamic screenshots

The Camera tool is a handy function that allows you and your students to see how part of one spreadsheet changes in real time when you make changes to another.

June 8, 2021

6 ways to include more technology in the accounting curriculum

Here are some ways accounting departments and faculty can integrate technology throughout the curriculum to better prepare graduates to meet the needs of the profession.

June 1, 2021

Time to opt in for an IP PIN?

Now that most taxpayers may obtain an identity protection personal identification number, should they?

June 1, 2021

2 ways to recover unsaved Excel files

The good news is that, most of the time, your file can be recovered. You just have to know where to find it.

June 1, 2021

Automate meeting tasks with these tools

These software tools are worthy of consideration for anyone regularly running virtual meetings.

May 25, 2021

AICPA & CIMA issue new nonauthoritative guidance for auditing digital assets

AICPA & CIMA released additional nonauthoritative guidance addressing issues related to the auditing of digital assets such as bitcoin and ether. The material covers topics such as risk assessment; processes and controls; laws and regulations; and related parties.

May 11, 2021

Format column headings in Excel to make them easier to read

Learn three simple formatting tricks to make column headings – or other cells – more readable in Excel.

May 6, 2021

Excel depreciation advice; risk management lessons learned

Hear more on calculation of depreciation in Excel from a Technology Q&A author, and hear from a risk management expert on what organizations have learned in the past year.

May 5, 2021

AI presents opportunities for cost optimization in manufacturing

Artificial intelligence and machine learning can drive more efficient operations and more effective growth for manufacturers. Here’s how the technology is being used to monitor for defects, schedule preventive maintenance and improve forecasting accuracy.

May 1, 2021