International Accounting Day: History, Facts & Insights

This is an in-depth look at all the must-know facts about International Accounting Day (2024) 🗓️ that no one tells you about. International Accounting Day is observed on November 10th.

Among the information you’ll find below: the history of International Accounting Day, activities to do on and how to observe this holiday, as well as fun facts you should know about International Accounting Day.

📅 What day is International Accounting Day 2024?

In 2024, International Accounting Day is on Friday, November 10th. It is the 2nd Friday in November; in 2024, it is Sunday. There are until the next observance. You also can view all fascinating details and facts about November 10, 2023, that you might not be aware of.

Every year on November 10th, we celebrate International Accounting Day. It’s a day dedicated to recognizing the important role accountants play in our lives. If you feel overwhelmed by ledger books, don’t worry! Accountants are here to help us organize and make sense of all the financial information. From managing finances in our jobs, schools, banks, religious organizations, and government, accountants are essential for their number crunching skills. That’s why we have this special day to show our appreciation and honor their dedication.

📜 International Accounting Day History

Accounting has come a long way since its early days in ancient times. It made significant strides in the Middle Ages and Renaissance, with International Accounting Day commemorating a crucial publication in the 15th century by an Italian mathematician. In the mid-nineteenth century, accounting experienced a surge in demand and requirements in the fields of commerce and finance. The Industrial Revolution further intensified the need for strong accounting departments in organizations worldwide, as the number and scale of enterprises grew exponentially. Today, accounting is a highly lucrative field with diverse applications, catering to businesses of all sizes, from small firms to multinational corporations. The profession employs a substantial number of individuals globally, with approximately 1.5 million accountants and auditors in the United States alone, as reported by the Bureau of Labor in 2018.

✅ International Accounting Day Facts

🔖 An accountant wrote history’s first words​
The oldest known written language, Sumerian cuneiform, was found approximately 5,000 years ago. The inscription on the artifact reveals that a specific amount of 29,086 measures of barley was received over a period of 37 months. The author of the document, Kushim, was requested to sign it.

🔖 Accountants helped write the Bible

🔖 ​Accountants brought down Al Capone
After successfully evading numerous accusations, Big Al was finally caught by the relentless FBI accountants and sent to jail for tax evasion.

👍 Why Is International Accounting Day Important

The FBI allegedly employs over 2,000 accounting special agents who assist in the capture of even the most powerful criminals. After evading countless previous accusations, Al Capone was eventually imprisoned for tax evasion, owing to the diligent efforts of FBI accountants.

All Oscar ballots are tabulated by certified public accountants for the Academy of Motion Picture Arts and Sciences. Accountants, according to the Academy, are perfectly qualified for this duty due to their reputation for impartiality and attention to detail. ​

Accountants have access to the most sensitive information about your company (and your life). They have access to information and numbers that you could never grasp as a group and that may cause major problems if mistreated. It’s vital to keep them pleased, and International Accounting Day is an excellent occasion to do so!

🙂 How To Observe International Accounting Day

⚡ Make an accountant’s job easier

⚡ Shout Them Out on Social
Imagine expressing your appreciation to your favorite CPA on one of your preferred social media platforms and make sure to include the hashtag #InternationalAccountingDay. Reflect on how they would react to your heartfelt acknowledgement of their dedicated efforts.

⚡ Buy an accountant a coffee
Take special care to format all of your spreadsheets in the manner specified by your accounting department. It only happens once a year. They’re well worth it.

📅 When is International Accounting Day?

Discover all 🔗 November holidays, including 🔗 Appreciation and other 🔗 Career holidays.

We will continue to update this page with new information and interesting facts about International Accounting Day. So be sure to check back soon.