Are you trying to figure out your future and unsure of what you want to do when you grow up? Look no further than the world of accounting! Not only is accounting a vital profession that helps businesses and individuals manage their finances, but it also plays some pretty fascinating roles in different industries. From inventing bubblegum to keeping the Oscars a secret, here are five surprising facts about accounting that prove it’s way cooler than you think!
#1. An Accountant Invented Bubblegum
Did you know that an accountant actually invented bubblegum? It’s true! Back in 1928, an accountant named Walter Diemer was working for the Fleer Chewing Gum Company when he came up with a new recipe for gum that was less sticky and more chewable. The result? The world’s first successful bubblegum, named Dubble Bubble. So, yeah, next time you’re chewing some gum, you can thank an accountant for that!
#2. Accounting Controls the Ballots of the Oscars
Another interesting fact about accounting is that accountants oversee the Oscar voting process! The accounting firm PwC has been counting the Oscars ballots for over 80 years, ensuring everything is fair and accurate. It’s like they’re the secret keepers of Hollywood!
While we’re on the topic of surprising facts, did you know that Accounting+ provides resources and support to students pursuing a career in accounting? Yep. That means your future could look pretty cool. You might even get to brag about your important role at the Oscars one day!
#3. The First African American Certified Public Accountant made History
Did you know that the first African American Certified Public Accountant (CPA) was named John W. Cromwell Jr.? This guy broke all sorts of barriers in 1921 when he became a CPA, despite all the discrimination he faced. Today, he’s an inspiration for all of us striving to break down barriers and make a difference in the world.
#4. Nearly 1,400 of the FBI Special Agents are Accountants
Here’s another wild fact: nearly 1,400 of the FBI special agents are actually accountants! They’re like the real-life Sherlock Holmeses of the financial world, investigating financial crimes and ensuring our national security isn’t compromised. If you like the idea of solving mysteries and fighting corruption, accounting might be just the profession for you!
#5. The NFL Needs Accountants to Keep the Best Players and Coaches in the Game
Last but not least, and one of our favorite surprising facts about accounting: the National Football League (NFL) needs accountants to keep the best players and coaches in the game! From negotiating contracts to managing salary caps, accountants play a critical role in ensuring that the league runs smoothly. It’s like they’re part of the team, only with briefcases instead of footballs.
Unleash Your Potential and Pursue a Career in Accounting!
We hope you enjoyed these surprising facts about accounting! It is an exciting career path that offers endless opportunities for those looking to make a difference in the world. Whether you’re inventing new products, keeping Hollywood fair and accurate, breaking down barriers, fighting financial crime, or managing finances in the world of professional sports, accountants play a vital role in shaping our world.
If you’re interested in becoming one of the famous accountants we write about one day or just want to learn how accounting can help you achieve an extraordinary life, check out the resources available at Accounting+. You never know; you might be the next Walter Diemer or John W. Cromwell Jr., waiting to make your mark on the world!
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