International Accounting Day- A day to address what it means to be an accountant!


Like any special day for any other profession, there's one day for accountants as well – the International Accountants Day, celebrated on November 10 every year. International Accountant Day is commended all around the globe every year to give acknowledgment to accountants who do highly challenging and stressful jobs that not many individuals want to do. International Accounting Day is a good reminder to praise a centuries-old profession that is essential to business success.


History of International Accounting Day 


 10 November 1494 is the day when the "Summa de Arithmetica, Geometria, Proportioni et Proportionalita", which means "Everything about Arithmetic, Geometry, and Proportion", was published in Venice, that is why the day was chosen as the International Accounting Day. This is the first record on twofold entry book-keeping that paved the way for future works on business accounting. 

The first authority commemoration of Accounting Day was held as an event in the year 1972 in the USA. In 1976, increasingly professional organizations were welcome to take part in this commemoration. Various communities, foundations, and nations commend this day on various dates, however, in many parts of the world, November 10 is considered as an official International Accounting Day.

Wild Things Accountants Accomplished 

·         Accountants cut down Al Capone: After walking away from so many other charges, Big Al ultimately went to prison for tax evasion, thanks to tireless FBI accountants.

·         Accountants help write the Bible: Before writing the Gospel that bears his name, St. Matthew served as a tax collector. Another tax collector was Saul, who took the name Paul after his transformation and wrote several books of the New Testament.

·         An accountant designed bubble gum: Accountant Walter Diemer worked for the Fleer chewing gum factory and tried different things with gum recipes in his extra time. He invented the modern formula for bubble gum in 1926 and was the first to advertise it economically. The gum was pink because that was the only food coloring the factory had accessible.  

·         An accountant wrote history's first words: The oldest surviving example of written language anywhere dates from around 5,000 years prior. It is written in Sumerian cuneiform and reads: "A total of 29,086 measures of grain were received through the span of 37 months. Signed, Kushim."
Today, the intricate business structures call for top-notch work from accountants, to cater these business prerequisites, they have to confront great difficulties and pressure, and create a well-reputed, exceptionally competitive and believable capital market for organizations. 

Since the majority of the organizations are going worldwide; the accountants need to manage everyday difficulties like, improving transparency, accountability, harmonization, governance and increasing the value to facilitate the smooth running of business tasks. So, for all the accountants who have to work late at night or 3 am by the end of the month for monthly or quarterly closing, this day is praised to salute them for their diligent work and devotion.

Happy International Accounting Day! 

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