International Accounting Day

International Accounting Day is an annual holiday devoted to recognizing the invaluable contributions of accountants to businesses, organizations, and institutions around the world.

History

The accounting profession has a rich and long-standing history. The earliest records of accounting date back to 5000 BC in Mesopotamia, where accountants kept track of the exchange of goods between temples and churches. This practice was later adopted in Babylonia and Ancient Egypt, and further refined in the Roman Empire, as accountants managed public expenditures and distributed goods. The most significant transformation in accounting occurred during the Renaissance period.

Interesting Facts

• Since the 19th century, the demand for accountants has grown rapidly with the expansion of businesses and corporations around the world.
• There are more than 1.5 million accountants in the United States alone.
• The earliest written phrase in recorded history is a Sumerian cuneiform that reads: “In just 37 months, 29,086 measures of barley were received.”
• It is believed that Saint Matthew, the author of the Gospel, and Saul (later known as Paul) from the New Testament were both tax collectors—essentially, accountants of their time.
• Walter Diemer, the inventor of bubble gum, was also an accountant.
• Professional accountants are responsible for counting the votes at the Oscars.

How to Take Part

You can show your appreciation for accountants by writing a thank-you post on social media using the hashtag #InternationalAccountingDay. If you are able, treat the accountant in your life to a good cup of coffee, or help them out with simple accounting tasks.

When is International Accounting Day in 2025?

International Accounting Day is observed on November 10 each year.

Observations