The submission of tagged risk and return summary information would be supplemental and would not replace required official versions of information. Any mutual fund submitting tagged risk and return summary information would be required to include this information as an amendment to a filing on form N-1A, the registration form
Advertisement
TOPICS
Information management and technology assurance
Smart Stops on the Web
PRACTICE MANAGEMENT GOOD FOR GROWTH www.buildyourfirm.com This site is dedicated to marketing for CPA and accounting firms. You can sign up for the free newsletter or browse the advice columns. Under the Marketing Tips tab, there’s info on generating leads, marketing on the cheap and recovering
Highlights
HIGHLIGHTS With FASB affirming its implementation date for FIN 48, several organizations, including the AICPA and FASB itself, are producing educational materials or additional guidance to help issuers comply with its new requirements for recognizing and measuring tax assets and liabilities. FASB Interpretation no. 48, Accounting for
The Power of Arrays
One of the most powerful features of Excel is the array—a formula designed to act simultaneously on sets of two or more values in order to calculate other values. Yet, because arrays appear to be forbidding, few CPAs use them. This article is designed to dispel arrays’
Excel Translates a Date Into a Day
I asked a colleague, and he surprised me with a simple solution. Highlight the target cells, click on Format, Cells and the Number tab. Then click on Custom. In the box in the Type column, type dddd f or the full name of the week and ddd for abbreviated names…
School Your Clients to Stop Theft
Maybe it’s only human nature, but all too often businesses stung by embezzlement first blame their outside CPA instead of assessing controls of their own that might have prevented the theft in the first place. These suggestions can help you teach small to midsize businesses and nonprofit
Help Clients Get Government Contracts
EXECUTIVE SUMMARY The U.S. government is the biggest buyer in the world. CPAs can help clients build business by learning the federal procurement process and advising on how to compete successfully for a share of government business. Companies first must obtain a data universal number (DUNS)
Highlights
The PCAOB proposed a standard, An Audit of Internal Control Over Financial Reporting That Is Integrated With an Audit of Financial Statements, to replace PCAOB Audit Standard no. 2 (AS2). The proposal is designed to focus audits on the matters most significant to internal control, eliminate unnecessary
Word Can Calculate, Too
No, Word can do simple math, but the tools are well-hidden. Did you notice I said tools—not tool. Buried deep in Word are all sorts of wonders. For simple arithmetic, the function is Tools Calculate. It’s certainly not in your toolbar unless the person who used your computer before you
Highlight Text Vertically Down a Page
Yes, you can cut, copy or reformat vertical columns of text. (see screenshot below). Think of the letters in Word as appearing in two dimensions—as a horizontal row (which is how we traditionally think of it) and as a vertical column lined up one above the other. To highlight a
How Safe are Password-Protected Data?
The simple answer is sort of. Let me explain: Windows password-protected files are secure as long as a would-be intruder is not computer literate. If you do a Google search on Word Excel passwords, you’ll quickly come up with a bunch of products designed to crack Windows passwords. So
Make Your Own Toolbar Menus
I assume you’ve thought of the obvious: placing those favorite tools as stand-alone icons right in the toolbar. And I assume you want to avoid having the toolbar (which, when full, expands to accommodate new icons) get so fat and crowded that you can’t easily find the ones you want.
The Save All and Close All Mystery
I must say I’ve never experienced a Save All command in Excel. I have in Word, but that’s another story I’ll get to later. I think you’re confusing Save All with Close All. If you have more than one file open in Excel and you press Shift+File, a Close All
How Not to Shut Down a “Frozen” Computer
Yes to both questions. Each time you pull the plug, the sudden, unprogrammed loss of electricity endangers the hard disk. But sometimes pulling the plug is the only way to shut it down—risk or not. Fortunately, there is another choice that works most of the time: Hold down the power
What’s Hot, Cool and Very Useful
In the nearly three decades that CPAs have embraced the computer—replacing their yellow columnar pads, pencils and typewriters—they have become more effective and sophisticated at controlling and analyzing corporate finances. But rather than simplifying their work, the intrinsically complicated computer often has made it more challenging. This
Highlights
HIGHLIGHTS The SEC enhanced the Internet-based search capability of its EDGAR database of company filings. Users now can search the contents of disclosure documents with a full-text search tool. The newly searchable information includes registration statements, annual and quarterly reports and other filings by companies and
Navigate Speedily in Excel Data
If you’re like most financial professionals, some of your large spreadsheets contain many worksheets with a wide assortment of data. Locating information or identifying just the right worksheet or cell to input new data is like searching for the proverbial needle in a haystack. If this describes
A Dash to the Dash
» Key to Instructions To help readers follow the instructions in this article, we used two different typefaces: Boldface type is used to identify the names of icons, agendas and URLs. Sans serif type shows the names of files and the names of commands and instructions that users should type into
Highlights
CPAs will no longer have to send initial or annual privacy notices to their clients. At the urging of the AICPA and others, Congress passed a provision introduced by Rep. Mark Kennedy (R-Minn.) and co-sponsored by Rep. Collin Peterson (D-Minn.) that amends the Gramm-Leach-Bliley Act. Sens. Mike Enzi (R-Wyo.) and
Weather Any Storm
EXECUTIVE SUMMARY Sound contingency plans can prevent or minimize damage in a crisis. Although natural disasters are the most obvious and dramatic, firms also should be prepared to resume business after a fire or theft, or the loss of a key firm member. Business continuation insurance can pay for time
Features
SPONSORED REPORT
How to find the right CAS clients
The key to success with CAS is selecting the best clients. Tools like ideal client profiles (ICPs), buyer personas, and even artificial intelligence can help identify the businesses that best fit each CAS practice.
From The Tax Adviser
April 30, 2026
Current developments in taxation of individuals: Part 2
April 30, 2026
Hedge funds: Tax structuring, planning, and compliance
March 31, 2026
Current developments in taxation of individuals: Part 1
March 31, 2026
