CORRECTION
An article in
November, “Tools
for Financial Analysis,” should have reported that ProfitCents,
by Sageworks, compiles private industry data directly from accountants
using the system for analysis. According to Sageworks, it does not use
other private sources of industry data.
The JofA
regrets the error 
SPONSORED REPORT
Tax reform complicates year-end tax planningGet your clients ready for tax season with these year-end tax planning strategies, which address how to make the most of recent tax law changes, such as the new deduction for qualified business income and the cap on the deductibility of state and local taxes.
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What RPA is and how it worksRobotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.