Much has been written over the last couple of years about the economy and the difference between how the economy is performing and the perception of how the economy is performing. Specifically, why is there such a disparity between how the economy is doing and how people say it is doing? First, how is the […]
Author Archive | david lightfoot
Book Review: Going Infinite
Michael Lewis first heard about Sam Bankman-Fried at the end of 2021. A friend had asked Lewis to figure out who he was. The friend was about to do a big deal with Sam that would bind their fates, by an exchange of shares in each other’s companies worth hundreds of millions of dollars. The […]
Book Review: Elon Musk
Walter Isaacson has written a number of books about great men. I’ve read his biographies of Leonardo da Vinci and Steve Jobs. I enjoyed both books very much as they are wonderfully written. But I ended up loving Leonardo as a person and detesting Steve Jobs as a miserable person. In any case, I preordered […]
My Career in Accounting: The State of the Profession
This is the last of four parts about my career in accounting. Here are the four topics: My Career in Accounting: The CPA Exam and Licensure My Career in Accounting: The CMA Exam and the Becker Course My Career in Accounting: Changes My Career in Accounting: The State of the Profession So, what is the […]
My Career in Accounting: Changes
This is the third of four parts about my career in accounting. Here are the four topics: My Career in Accounting: The CPA Exam and Licensure My Career in Accounting: The CMA Exam and the Becker Course My Career in Accounting: Changes My Career in Accounting: The State of the Profession The Big Firms During […]
My Career in Accounting: The CMA Exam and the Becker Course
This is the second of four parts about my career in accounting. Here are the four topics: My Career in Accounting: The CPA Exam and Licensure My Career in Accounting: The CMA Exam and the Becker Course My Career in Accounting: Changes My Career in Accounting: The State of the Profession Shortly after passing the […]
My Career in Accounting: The CPA Exam and Licensure
This is the first of four parts about my career in accounting. The others to follow will be: My Career in Accounting: The CMA Exam and the Becker Course My Career in Accounting: Changes My Career in Accounting: The State of the Profession The first CPA exam was given in New York in 1896. Other […]
Why Once a Month?
Most companies prepare and review financial statements and other financial information once a month. And most of my clients meet with me once a month to review that financial information. But why once a month? The obvious answer is the calendar. Sure, there are weekly reports, monthly reports, quarterly reports and plenty of annual reports. […]
Electric Cars: An Unfolding Drama
I’m a car enthusiast and particularly enjoy BMWs. But I also enjoy watching the automotive industry, especially right now as the industry is going through the biggest change in the last century. The whole autonomous vehicle adoption is going slower than I thought it would, but the electrification of automobiles is progressing rapidly. The accepted […]
Out of Africa
From June 28th through July 11th, my wife, grandson, two relatives from Korea, and I took a trip to Kenya and Tanzania. Most people harbor a desire, since childhood I think, to see the animals of Africa in their natural setting. That was certainly true for my wife and I. We’re getting to an age […]