Journal Entry Pattern Detector
This blog post introduces a beta tool for detecting anomalies in journal entries using an Isolation Forest algorithm, which analyzes general ledger data to identify and flag unusual transactions based on patterns in dates, accounts, amounts, and descriptions.
Impairment Test (Value in Use)
This blog post provides an illustrative Cash Generating Units (CGUs) impairment test Excel file.
Calculation of Carrying Amounts for Cash Generating Units
This blog post details the process of calculating carrying amounts for Cash Generating Units (CGUs) under IFRS, including the allocation of directly attributable assets, goodwill, corporate assets, and working capital, ensuring consistency for impairment testing.
Reversal of Impairment for Cash Generating Units
This blog post explains the process of reversing impairment for Cash-Generating Units (CGUs) under IFRS, detailing the conditions and steps for reversal, including the allocation of reversals to eligible assets and the treatment of goodwill, with an illustrative example.
Maximizing Efficiency: Practical Applications of Generative AI for CPAs
This blog post explores how Generative AI (GenAI) can enhance efficiency for CPAs by automating tasks like drafting memos, analyzing internal controls, and preparing reports, while also highlighting future applications and data privacy considerations.
Linear Programming Optimization in Excel
his blog post explains how linear programming (LP) in Excel can help businesses optimize decision-making by maximizing profits within resource constraints, providing a simplified process and an Excel template for practical application.
Vanilla Bond Interest Rate Swap Valuation
This blog post explains the concept of interest rate swaps for vanilla bonds and how to value them using the binomial pricing model, providing a practical Excel template.
Valuation of American Options
This blog post explains the binomial model for valuing American options, highlighting its methodology, strengths, and weaknesses, and provides a practical Excel template for accountants to quickly estimate the fair value of these options.
Revenue Forecasting Template
This blog post provides a basic Excel template for revenue forecasting using time series methods, including simple average, moving average, trend fitting, and exponential smoothing techniques, with adjustable data and formulas for customization.
Spreadsheet Translator
This blog post introduces a Google Spreadsheet add-in for translating spreadsheet content into a selected language, providing a quick setup guide for easy implementation.