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Full Accounting

December 6, 2014

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Profile America — Saturday, December 6th. Ancient Egyptians kept careful records and markings of goods kept in royal warehouses more than 53 centuries ago. This pre-numerical recording means that the practice of accounting predates written language itself. After some 5,200 years of development and refinement of accounting practices, New York state followed with the establishment of the certified public accountant. In December 1896, certificate number one, the first in the country, went to Frank Broaker of New York City. Properly so, as he was instrumental in pushing the state to enact a CPA law. Today there are over 57,000 offices of CPAs, which record over $77 billion of annual business. Of the nearly 2 million accountants, over 60 percent are women. You can find more facts about America from the U.S. Census Bureau online at <www.census.gov>.

Sources:
Kane's Famous First Facts, 3755
The History of Accounting
The CPA Journal
Accountants offices & value NAICS 5412
Number of accountants & percent female


Source: U.S. Census Bureau | Public Information Office | Last Revised: November 24, 2014