The excitement is building in my house. Why? Accounting Day is fast approaching.
November 10 is the day we accountants commemorate a top 25 event in the world’s history–publishing the first book on accounting.
On November 10, 1494, volume 2 of Summa de Arithmetica, Geometria, Proportioni et Proportionalita (Everything About Arithmetic, Geometry and Proportion) was published. It is in volume 2 of the Summa that Luca Pacioli included a description of the bookkeeping/accounting system of Venice. In honor of this contribution, Pacioli has carried for centuries the title of Father of Accounting.
This year, I’ve decided to stand on the town’s busiest street corner and hand out small bags of beans for passers-by to count. There will be jelly beans, pinto beans, and beans that give you gas. It doesn’t matter what the beans are, because November 10 is our day.
If you’ve never celebrated Accounting Day before, please come to my party. There will be numbers galore.
Debit and credit – - David Albrecht
What is NPV?
NPV = Net present value
Great post and grat replies. Hands up for all.
Dear Prof. David
Excellent text. We publicized on our website, adapted to Brazilian reality.
http://analisedebalanco.blogspot.com/2010/01/10-de-novembro-dia-do-contador.html
Our department chair, Ed Scribner, has declared Accountants’ Day an official observance here at New Mexico State University!
Ed Scribner is a great guy and a terrific humorist. Thanks for visiting, and thanks for writing.
So there is finally a day in honor of accountants! Look forward to hearing more about your commemorative activities that day! Separately, I was wondering if you or any of your readers have heard about this group or who is behind it: http://accountants-day.info/forum/index.php
Edith,
I believe it was originally put up by a fellow that was intrigued by my writing about November 10. Haven’t heard from him in 2 years.
Dave