accounting – The Musings of the Big Red Car https://themusingsofthebigredcar.com 53 years and 204,000 miles of business, CEO, leadership, startup, political, military wisdom Thu, 24 Sep 2020 23:11:03 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.11 Accounting — That Bedeviling Black Art https://themusingsofthebigredcar.com/accounting-that-bedeviling-black-art/?utm_source=rss&utm_medium=rss&utm_campaign=accounting-that-bedeviling-black-art Thu, 24 Sep 2020 23:11:03 +0000 https://themusingsofthebigredcar.com/?p=9390 I took a few accounting courses in grad school. I once knew my debits versus my credits. Knew all about original issue discounts, goodwill impairment, and other such trivia. Knew GAAP and FASB. Just showing off now. I ran businesses for 33 years. I needed to know more about accounting so I hired good accountants, […]

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]]> Accounting Thinking for Startups https://themusingsofthebigredcar.com/accounting-thinking-for-startups/?utm_source=rss&utm_medium=rss&utm_campaign=accounting-thinking-for-startups Tue, 08 Jan 2019 15:21:46 +0000 http://themusingsofthebigredcar.com/?p=6968 I hate accounting, but I love orderly accounts. I love it when the checkbook, the bank reconciliations, the cash receipts/disbursements journals, and the balance sheet all agree. Takes a bit of sleight of hand to make that happen, but I love it. As a startup CEO, you need to get a good handle on how […]

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