You probably didn’t know that many celebrities got their start in accounting, and that many accountants made the history books. As you’ll see from these fun facts, accounting can inspire you, turn you into an author, make chart-topping hits, and help to put mobsters in jail!
On a serious note, employing the expertise of a bookkeeper or accountant can help you to realize your dreams for your business, save you money, make you money, avoid fines, uncover bank errors or employee theft, and so much more! Contact us to see how we can help.
Did you know these famous celebrities got their start in accounting?
Robert Plant – Yes! The lead singer of Led Zeppelin had just started his accounting career, when he decided to pursue his dream of music instead.
John Grisham – With an undergraduate degree in accounting, his goal was to become a tax lawyer. He went on to trial law, and eventually used all that experience to become a best-selling author of courtroom novels.
John D. Rockefeller – As a beginner bookkeeper at only 16, Rockefeller later became an accountant. This has to be when he learned all kinds of helpful financial growth strategies, formed the Standard Oil Company, and became one of the richest men in history!
Janet Jackson – This music icon started out in college studying to be an accountant. She was obviously so inspired, that she went on to become a chart-topping singer!
Walter Diemer – The creator of “Double Bubble” bubble gum was an accountant! Working with a company that produced gum bases, he stumbled upon a method that gives gum it’s stretchy, yet unbreakable quality, and the rest is history.
Some famous accountants and a little history to boot…
Josiah Wedgewood – The Father of Cost Accounting – He invented the first system for tracking bottom-line expenses and earnings. By using this system in his own business, he was able to uncover an in-house embezzlement scheme, weather a period of economic crisis, and keep his business going even to this day!
Frank J. Wilson – The IRS accountant who led the effort to bring financial justice to the world renown mobster, Al Capone. Even though Capone had never filed a tax return and or had a bank account, he was wealthy beyond belief and was able to keep this money hidden. That is, until Mr. Wilson and his team gathered enough evidence from over 2 million financial documents to be able to put Capone behind bars.
Luca Pacioli – He received the title of The Father of Accounting due to the success of his first book published in 1494. In 615 pages, he taught the principles and methods of double-entry bookkeeping that are still used today. You also will recognize the name of one of his students – Leonardo da Vinci!
Read more from the source…
How hiring a bookkeeping company can save you money (and inspire you!)
- Tracking all expenses correctly to help you take advantage of all possible tax deductions
- Maintaining comprehensive data that helps you avoid IRS fines
- Tax-ready books save time and cost for your CPA or accountant
- Monthly reconciling of your books with your business bank statement and credit card accounts
- Managing payroll
- Financial support and problem solving
- Budget creation and management
- Cash flow forecasting
Source: TwoRoadsCo.com
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