They say accountancy can be a boring job. You just count stuff up, add, multiply, subtract, and divide — repeatedly.
But, there’s actually a lot more to accountancy than people give it credit for. According to James Cook University Singapore, the profession of accountancy is one of the most sought-after jobs in the world.
Here are some facts about accounting you’d never expect:
The Word “Accountant” Don’t Sound Like Its Original Name At All
The term accountant comes from the French term “aconter,” which literally means to count, score or compute. Originally, it was used as an adjective, which means ‘liable to give an account;’ hence denoting a person who must do so.
The Romans Obsessively Made Accounting a Thing
Along with the great exploits of the great Roman Empire is the record keeping of their accomplishments. Before, accountants counted more than just money; they also counted food stocks, nails and weaponry.
The Father of Accounting
After the Franciscan Friar Luca Bartolomeo de Pacioli wrote the book about Double-Entry, which talks about the basic principles of accounting, it earned him the title, ‘Father of Accountancy’.
Accounting is a Vital Force Within the World’s Police
Accountants don’t always go to banks to become rich. In some cases, some also choose to take forensic accountancy or the profession that beats up criminals by just the use of numbers. The FBI alone has 1,400 named accountants among its special agents.
They Put Criminals in Jail by Analyzing Numbers
Accountants have the ability to determine illegal financial transactions without regard to status or reputation. In fact, the power of accountancy put the Chicago-based mafia boss in prison, not with charges of murder or any violent crimes, but tax evasion.
Apparently, Some of Them Can Throw a Serious Punch
MMA’s finest fighter, Chuck “The Iceman” Liddell, is actually an accountant before he defeated the tough guys in the UFC. Other accountant celebrities include John Grisham, Mick Jagger, and Janet Jackson.
While accountants look like timid professionals, their job lets you explore a number of endeavors. Unlike other jobs, accountancy offers great flexibility as long as everything tallies at the end.