Did You Know?

BY STANLEY ZAROWIN

Next-generation computer. The optical computer is one of technology’s Holy Grails, and it came one significant step closer when IBM developed a way to slow the speed of light. No, IBM hasn’t broken Einstein’s Law of Relativity: E=mc2; it just found a way to slow data-encoded light beams, which travel at 186,000 miles per second—too fast for a computer to decipher the code—to a creeping 620 miles per second. That’s getting slow enough for deciphering without losing data. What’s so special about optical computers? They’re potentially much faster, simpler and more energy efficient—and they wouldn’t suffer from the heat and magnetic-interference problems of electric-powered hardware.

Color gone. A quick way to remove a font’s color and return it to black: Highlight it and press Ctrl+spacebar.

SPONSORED REPORT

How the election may affect taxation of business income

This report summarizes recent proposals to reform the U.S. business income tax system and considers the path to enactment of any such legislation.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

Did you follow 2016’s biggest accounting news?

CPAs will remember 2016 as a year of new standards and new faces. How well did you follow the biggest accounting events? The 7 questions in this quiz will help you find out