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

Top Moments in Space Exploration

“Remember to look up at the stars and not down at your feet.” – Stephen HawkingThere is no question that space exploration has progressed technology, increased our understanding of the world around us, and inspire us to new heights. Space travel continues to inspire us today. Here is our list of 10 inspiring moments in space exploration. Please share what other inspiring space moments you think should be on the list.10. Space X Falcon Heavy LaunchSpace X Falcon Heavy launch was a big deal for

Become a Global Business Leader

How to Become a Global Business Leader

Not everyone that wants to become a global business leader is going to reach that goal. That’s because it takes serious commitment, hard work, and a relentless desire to succeed in order to become a successful global business leader. But don’t despair; nothing is impossible if you’re willing to do the work. But you will need to make certain decisions to get there.Don’t be afraid to take chances – taking risks is important, but you don’t want o be reckless. It’s best to take educated risks

Is Bitcoin Ready for Another Surge?

Is Bitcoin Ready for Another Surge?

Is Bitcoin Ready for Another Surge? If you’re lucky enough to own a stake in the cryptocurrency Bitcoin, then you’re already aware of it’s extreme volatility. The ultra popular digital currency has experienced massive jumps and slides during the last year, which have seen it reach as high as $19,783 back in December, only to…

How to Start a company with $101

How to Start a company with $101

“How can I get my company started if I don’t have any money?” If you are asking this question, you are not alone. The solution is Bootstrapping.Bootstrapping is starting a business with little resources; this includes, money, skills, and a vast array of knowledge. Businesses are starting all around the world and succeeding with very little money. Here are some ideas for you to consider and some guidelines to follow. Reduce cost for things that don’t matter to your customers. The internet has