Interesting Accountancy Facts

Interesting Accountancy Facts

At OBC we are keen to prove that accountancy is more than just numbers but did you know that the accounting field is rich with history & tradition.

Here are 5 facts that you may not have known.

The word “accountant” comes from the French word “compter,” which means to count or score, gradually over time, the “p” has been dropped in both spelling and pronunciation.

Bubble gum was invented in 1928 by accountant Walter Dimer.

Accounting plays a major role in law enforcement. The FBI has more than 1,400 accountants among its special agents.

Celebrities who studied accounting before finding fame include author John Grisham, Rolling Stones lead singer Mick Jagger and singer Janet Jackson.

Chicago crime boss Al Capone was eventually brought down in 1931 by FBI accountants. Although believed responsible for crimes ranging from bootlegging to murder, Capone was ultimately arrested and convicted for income tax evasion.

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