Did you Know? • John Grisham, author of A Time to Kill, The Firm and many other exciting novels, received his undergraduate degree in accounting from Mississippi State University. • After graduating from school, J. P. Morgan got his first Wall Street job as a junior accountant. Five years later he founded his own company. • Jazz artist Kenny G. was an accountant before he became famous. • Nearly 1,400 of the FBI’s special agents are accountants. In fact, the #2 man at the FBI, Thomas Pickard, is a CPA. • Did you know that cost accounting is mentioned in the Bible? Luke 14:28 says, For which one of you, when he wants to build a tower, does not first sit down and calculate the cost, to see if he has enough to complete it? • The first CPA exam was given in New York in 1896. • The first actor to play Sherlock Holmes was an accountant at Samuelson’s Royal Film Agency. The identity of this accountant, turned non-professional actor remains at least one unsolved mystery in the history of the great detective. • We commonly refer to debits and credits as DR and CR, which is the abbreviation for “debit register and credit register” • Luca Paciolo wrote the first book on double entry accounting in 1494. He is frequently referred to as the father of accounting. He’s still a hot commodity today. Pacioli’s portrait was featured in the movie “The Spanish Prisoner”. • Walter Diemer, was an accountant for the Fleer Corporation in the 1920s. In his spare time, Diemer tinkered with gum recipes and created a chewy, rubbery substance better known as ‘bubble gum’. • Sir R. K. Shanmukham Chetty was the first Finance Minster of independent India. One of the few South Indians in Nehrus first Cabinet, the invitation to Sir Shanmukham followed the role he had played as Indias representative of non-official opinion at the international monetary conference.
Posted on: Sun, 06 Apr 2014 07:19:39 +0000
Trending Topics
Recently Viewed Topics
© 2015