U.S. Census Bureau Daily Feature for December 7: Full Accounting

WASHINGTON, Dec. 7, 2016 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau:

FULL ACCOUNTING

Profile America — Wednesday, December 7th. 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 132,000 accounting and bookkeeping establishments, which record over $131 billion of annual business. Of America's 1.9 million accountants, nearly 62 percent are women. Profile America is in its 20th year as a public service of the U.S. Census Bureau.

Sources:
Kane's Famous First Facts, 3755
Ancient practice/accessed 10/7/2016: http://www.accountingedu.org/history-of-accounting.html
Broaker's activism/page 3/accessed 10/7/2016: http://www.thebhc.org/sites/default/files/beh/BEHprint/v025n1/p0252-p0266.pdf
Accountants' offices / NAICS 5412: http://factfinder.census.gov/bkmk/table/1.0/en/BP/2014/00A1//naics~5412
Revenues/NAICS 5412: http://factfinder.census.gov/bkmk/table/1.0/en/ECN/2012_US/00A1//naics~5412
Number of accountants & percent female:
http://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_15_1YR_B24010 & prodType=table

Profile America is produced by the Center for New Media and Promotion of the U.S. Census Bureau. Statistics and accounts drawn from cited non-Census sources are employed for illustrative or narrative purposes, and are not attested to by the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on the Internet at http://www.census.gov (look for "Audio" in the "Library" pull-down menu).

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SOURCE U.S. Census Bureau