Is Accounting Boring?

accounting

Is Accounting Boring?

By William Brighenti

I’ve noticed on Twitter a bunch of tweets from younger people complaining that accounting is boring. This may very well be true for those who are not accountants. Non-accountants include those individuals who once loved accounting until they took intermediate accounting in college and then switched their major to marketing, a much less challenging discipline. I suspect that they are the main culprits spreading this libelous fiction on Twitter (and, by implication, that CPAs are nerds, but that is an entirely different libelous fiction, for which we in class action intend to sue).

There are two schools of thought as to why some individuals when stroking a debit or credit, experience ecstasy and others vomit before suffering a cardiac arrest. Studies assert that CPAs love accounting because of the presence of a gene that non-CPAs lack. They based their findings on a series of tests of 100 CPAs, who both sweated and salivated while debiting and crediting. On the other hand, the Freudianists argue that there is no such gene; rather, they argue one’s love or hatred of accounting stems from early childhood experiences, basing their argument on Freud’s theory found in his “Pleasure Principle”, which asserts that anyone experiencing ecstasy while reading tomes of FASBs, GAASs, Regs, Codes, etc., must have experienced in early childhood both the Electra and the Oedipal complexes. As we all know, Freud himself was a very confused, sad, miserable human being, which explains why he was such an excellent accountant.

Initially I believed that Pleasure Principle theory accounted for my love life in college. Women I dated in college lapsed into comas, never to be heard from again. Frankly, I found that behavior strange, if not downright rude. That phenomenon puzzled me for a very long while, thinking it was due to my cologne. But then one night while I was reading a passage from FASB 8 on a date at the drive-in, it occurred to me—after feeling a draft coming from the passenger side of the car as a result of its door being left wide open—that perhaps not everyone shared my passion for accounting. And I was right!

It was then that I came to the realization that our love or hatred for accounting stemmed not from any Freudian psychoanalytic theory but rather our genetic code. I reached the conclusion that either you’ve got the good genes or you don’t. If you’ve got the good genes, you definitely love accounting and would never, ever find it boring. If you don’t have the good genes, you will always find accounting and accountants boring.

As CPAs, we have the good genes.

This article is provided for informational purposes and is not intended to be construed as legal, accounting, or other professional advice. For further information, please consult appropriate professional advice from your attorney and certified public accountant.

Follow GROCO on Facebook

 

We hope you found this article about “Is Accounting Boring?” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in
Unveiling Entrepreneurial Success with Randi Brill

Unveiling Entrepreneurial Success with Randi Brill

Randi Brill, best-selling author and CCO of Just Call Randi Design Agency discusses unveiling entrepreneurial success on Alan Olsen‘s American Dreams Show. Transcript: Alan Olsen Hi, this is Alan Olsen and welcome to American Dreams. My guest today is Randy brill. Ready welcome to today’s show.   Randi Brill Thank you, Alan. I’m glad to be here.  …

Legacy Builders Philanthropic Revolution

Legacy Builders Philanthropic Revolution

Legacy Builders Conference Inspires Philanthropic Revolution The recent “Legacy Builders” event has sparked a philanthropic revolution, inspiring attendees to leverage their accumulated wealth for world betterment. The event, held on May 15, 2024, in San Jose, CA, featured distinguished speakers including NFL legend and HGGC Partner Steve Young¹, retired three-star General Michael Barbero², and Becky…

Transform Your Life Every Morning, Hal Elrod

Transform Your Life Every Morning, Hal Elrod

Hal Elrod, an international keynote speaker and best selling author of 12 books, including “The Miracle Morning“—which has been translated into 42 languages discusses how to transform your life a little every morning on Alan Olsen‘s American Dreams Show.   Transcript:   Alan Olsen Welcome to American Dreams. My guest today is Hal Elrod. Hal welcome to today’s show.  …

Rob Ryan’s Amazing Movie Premiere June 28th on How He Saved the Internet

The Hollywood movie premiere of the Rob Ryan story is a cinematic tribute to innovation.  This remarkable film documents the real-life journey of this visionary from crisis to triumph and how he saved the internet!  On June 28th at 9:30 PM in the iconic TCL Chinese Theatre.  For tickets, click here.   Rob Ryan, Founder…