Accountancy 5 interesting facts. Bet you didn't know!
Students think Accountancy is a boring subject but it can be a passion of the many. This blog is dedicated to all of those who face it once in their life. Let's get started:
- Bookkeeper and bookkeeping are the only words in the English language with three consecutive sets of double letters. Can you find other word with this feature?
- The Oscars presentation ceremony becomes possible because of accountants. You would not believe it but it's a fact that every year since 1935 a team of accountants has invest an average of 1700 hours prior to Oscar night counting the Academy Award ballots by hand. Oscar winners should say thanks to these accountants.
- Leonardo da Vinci, a genius, was one of Luca Pacioli's students. Really interesting! Father of accountancy produced a gem!
- Most of the accounting terminology derived especially from the Latin words. Debtor’ comes from the Latin debitum, something that is owed; ‘liability’ from ligare, to bind. Explore!
- Father of Accountancy, Luca Pacioli, loved his pupils like a father. Do you seek a proof? Tractatus mathematicus ad discipulos perusinos, (a book pulished by him) a nearly 600-page textbook dedicated to his students at the University of Perugia where Pacioli taught from 1477 to 1480. I am getting emotional !!!!
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