7 Fun Accounting Facts

Who said accounting can’t be fun!

Do you think of accountants as serious suit-wearing, pen-wielding number-crunchers? A bit dull and gray maybe? Think again! Accountants are an eclectic bunch of smart, interesting people, who are passionate about making your money work for you.

  1. Bubblegum was invented by an accountant, Walter Diemar in 1928. It was bright pink in color because that was the only dye he had to hand at the time.
  2. It was accountants who brought down Chicago crime boss Al Capone. Although believed to be guilty of everything from bootlegging to murder, he was ultimately arrested and convicted of tax evasion.
  3. The word “accounting” comes from the French “compter” meaning to count or score. Other accounting terms are derived from Latin, such as “debit” – “he owes” and “credit” – “he trusts”.
  4. St. Matthew the Evangelist is the patron saint of accountants, as well as bookkeepers, tax collectors, bookkeepers, stockbrokers and bankers. 
  5. Mick Jagger, Janet Jackson and author John Grisham are just a few of the famous names who worked in accounting before their showbiz careers took off.
  6. The FBI employs more than 2,000 accounting special agents who use their mad math skills to solve crimes.
  7. Every year since 1935, a team of CPAs has spent over 1,700 hours prior to Oscar night counting the Academy Awards ballots by hand. You may not have noticed, but members of the Academy’s accounting firm traditionally make an appearance during the broadcast.

And as a special bonus…

National Accounting Day is on May 14th this year. It’s a great day to recognize the special accountant(s) in your life! Mark your calendars now!

 

This entry was posted in Uncategorized. Bookmark the permalink.

Comments are closed.