Though bookkeeping is a quiet profession, there are some exciting facts behind its history. We at Journey Bookkeeping like to keep things interesting, so we dug up some fun factoids about the business that should make you smile, which is what we like to do for our clients.
The first book on double-entry accounting was written by friar Luca Bartolomeo, an Italian mathematician in 1494. Though bookkeeping had been around for centuries, his 27-page book on the subject earned him the title “Father of Modern Accounting”.
The ancient Romans were so obsessed with record keeping that their military bases kept detailed accounts of thing such as how much grain was in their stores and how many nails were in their workshops. We aren’t sure how detailed of a report you could create, but it would be interesting to read.
The only words with three consecutive double letters are “bookkeeping” and “bookkeeper”.
New York State gave its first certified public accountant (CPA) exam in 1896.
Bubblegum, one of our favorite treats to enjoy today was invented in 1928 by Walter Dimer, an accountant.
The FBI holds accountants in such high regard that they have more than 1400 among its special agents. Accountants and bookkeepers are pretty intelligent.
The term “bean counter” has been thought of as an ancient term used to describe a detail-oriented bookkeeper, but actually, this term originated in the 1970’s.
Celebrities who began their careers as accountants, bookkeepers, or CPA’s include Ultimate Fighting Chamption Chuck “The Iceman” Liddell, jazz artist Kenny G., comedian Bob Newhart, author John Grisham, Rolling Stones’ front man Mick Jagger and singer Janet Jackson.
Since 1935, a team of CPAs has spent on average of 1700 hours prior to Oscar night counting the Academy Awards ballots by hand. Two lucky accountants from the Academy’s firm even get to make a live appearance during the broadcast, dressed to the nines (we love numbers).
If you’re looking for a safe job, professions in the accounting industry are in the top 10. We wonder if this includes accountants who work for the FBI.
Leonardo da Vinci invented a prototype of a computer-machine that used 13 wheels to register numerical digits.
Adding machines weren’t invented until the late 1800’s, and real computing machines weren’t introduced to businesses until the 1940’s. Even then, they took up an entire room, and their computing abilities were far inferior to today’s devices, such as our mobile phones. When calculators were finally invented, we bookkeepers were among the first to use them, along with scientists.
Do you know of any other fun bookkeeping facts?
For any questions or comments regarding bookkeeping or how we can help, please email us at firstname.lastname@example.org.