September 19, 2018

cars

#TBT: That Time Mustang Was Marketed to Harried Public Accountants

Should a harried Public Accountant drive a relaxed private fun car like Mustang? The California Board of Accountancy tells us the average yearly salary for a CPA in 1964 was $6,708.42. A 1966 Mustang, like the one the "frazzled figure-wrestler" in the photo above is driving, started at $2500 base.

Accounting Career Conundrums: Planning for the CMA, Working on Vacation, and Who Needs a Car?

It's the week before Labor Day so that means everyone checked out yesterday around 8:30 am. This seems like the perfect excuse to dish out some lightning round advice, so I dug through the mailbag to see what's what in the lives of the GC readership. If you have a career question, hit us up […]

The Going Concern Grand Prix: Let’s Talk About Your Ride

It's not often we get an advice email we haven't already answered, but lo-and-behold, here's one: What is the coolest car an accountant could have?  Bimmer? Benz? Beetle? Forget ballin partners who have long since disposed of a soul, I mean us grunts who do the work.  Surely our perceived lack of personality and terrible […]

Tesla Is Damn Serious About Revenue Recognition

Considering the lengths that some companies go to manipulate massage their revenue, this passage from Tesla's Shareholder letter is rather refreshing: During Q1, we consistently produced 400 or more Model S vehicles per week, for a total of over 5,000 during the quarter. We recognized 4,900 vehicles as revenue, exceeding our initial Q1 guidance of 4,500, […]