I’m Diffie, a graduate accounting student and CPA candidate. I break down accounting and finance topics in plain English, with notes on life as a grad student — for CPA candidates, accounting students, and anyone curious about how numbers and real life intersect.
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Materiality, audit risk, and fraud risk are easy to study as three separate topics. But when we connect them, the logic of…

It’s been a long time I didn’t update, but here we go! I used a slightly attention-grabbing title this time but as…

Welcome back. In this second post, I want to talk about a question many people may have: why do people become homeless?…

Introduction Equity compensation and tax-advantaged benefit accounts are two of the most powerful and most frequently misunderstood elements of modern compensation packages.…

Tax credits are among the most powerful tools in the U.S. tax code, and they reduce what you owe dollar-for-dollar, not just…
Hello,

Welcome to my basement—a cozy corner of the internet where I write about CPA prep, accounting, and the life happening around it.
Most days, that means breaking down accounting rules in plain English. Other days, it’s sharing what life looks like as a Wake Forest University graduate (Master of Accountancy, Class of 2026) navigating school, work, basketball, and everything in between.
If you’re studying for the CPA, working in accounting, or just curious about how numbers and real life intersect—welcome! This is a space for learning, reflecting, and figuring things out as we go.
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