Archive | March, 2025

GAAP Gone Wild!

Most readers of mine will know that GAAP stands for Generally Accepted Accounting Principles. The term is a bit of a misnomer as they aren’t necessarily “Generally Accepted” until the are prescribed by the Financial Accounting Standards Board of FASB. These rules, GAAP, are required for those companies that are being audited by American CPAs. […]

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Book Review: Superagency

Reid Hoffman, the author, was a supporter of OpenAI when it began as a non-profit organization in 2015. Before that he was a founding board member of PayPal, a founder of LinkedIn, and has been on the board of Microsoft since 2017. He defines Superagency this way: Superagency is the state of widespread empowerment that […]

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