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Happy International Accounting Day: history, facts and shoe discounts

10.11Every year
International Accounting Day

Happy Accountants' Day from the N-SHOES online shoe store

A holiday that traces back to a single book printed in Venice in 1494 and to a single rule: debit must equal credit. Below is the history of the profession, its facts and records — plus the discounts we give accountants at N-SHOES.

How the holiday began

International Accounting Day is marked every year on 10 November. The date points back to 1494, when the Italian mathematician Luca Pacioli published Summa de arithmetica, geometria, proportioni et proportionalità — a compendium of arithmetic, geometry, ratios and proportions.

The book was printed in Venice, then the trading capital of Europe. One of its sections, the treatise De computis et scripturis (On Accounts and Records), was the first systematic account of double-entry bookkeeping: every transaction is recorded at once as a debit in one account and a credit in another. That description carried the Venetian method to the rest of Europe.

One caveat worth naming: Pacioli did not invent double entry. He described what merchants in Venice, Genoa and Florence had already practised for at least a century and a half. What the printed textbook did was turn the craft of individual counting houses into a profession with shared rules.

Holiday discounts
Debit · every guest
5%

An extra discount for everyone celebrating the day.

Credit · by profession
20%

For accounting and audit professionals.

Books balanced: the discount applies to orders placed on the holiday.

A timeline of record-keeping

  • c. 3300 BCClay tablets from Uruk in Mesopotamia — the earliest known records of grain, livestock and taxes.
  • 1299–1300The ledgers of the Florentine Farolfi company — one of the earliest surviving examples of double entry.
  • 1340The Massari ledgers of the Commune of Genoa — the oldest complete set of double-entry accounts that has reached us.
  • 1494Venice. Pacioli's Summa appears — the starting point of modern accounting and the reason for the date.
  • 1979–1985VisiCalc, Lotus 1-2-3 and Microsoft Excel move the ledger from paper books to spreadsheets.
  • 2002After Enron and WorldCom, the United States passes the Sarbanes-Oxley Act, reshaping reporting and audit rules worldwide.

Facts about the profession

The parts that rarely make it into textbooks.

01

A friar and a mathematician

Luca Pacioli was a Franciscan friar who taught mathematics and was a friend of Leonardo da Vinci. Leonardo drew the illustrations for another of his books, De divina proportione (1509).

02

The rule before bedtime

Pacioli advised merchants not to go to sleep until debits matched credits. The wording has aged; the habit has not — reconciliation is still a daily routine.

03

A second date in Ukraine

Besides the international date of 10 November, Ukraine has its own Day of the Accountant and Auditor on 16 July, established by presidential decree in 2004.

04

Al Capone and the ledger

Chicago's most famous gangster was convicted in 1931 not for violence but for tax evasion. The case was built on accounting records.

05

Who counts the Oscars

Academy ballots have been tabulated by the audit firm PwC since 1935. Before the ceremony, only a handful of accountants know what is in the envelopes.

06

A first job for many

John D. Rockefeller began his career as an assistant bookkeeper. Mick Jagger, Robert Plant and saxophonist Kenny G all started out in accounting too.

Records and numbers

The scale of the profession in figures you can check.

5,000+
years of accountingWriting appeared first to serve record-keeping: the earliest tablets tracked stores of grain, not literature.
1,048,576
rows in an Excel sheetPlus 16,384 columns — a limit that, in practice, only accountants at large companies reach on a regular basis.
150+
countries of the Big FourDeloitte, PwC, EY and KPMG together employ hundreds of thousands of specialists — the largest professional network in the world.
$11bn
the loudest misstatementThe scale of the WorldCom fraud uncovered in 2002 — found by internal audit rather than an external review.
ESPN
a sport made of spreadsheetsThe world championship of financial modelling in Excel is broadcast on sports channels, complete with commentary and a countdown clock.
Our greeting

Happy Accountants' Day

May everything add up, everywhere: debits with credits, reports and balance sheets that need no corrections, calm evenings at home, and a tax office where what you need matches what is possible. And beyond that — good health, unhurried deadlines and fresh ideas.

A profession more than five centuries old rests on one principle: every figure has an explanation. Thank you for keeping it that way.

−5% for every guest

−20% for accountants

Discounts apply on top of current promotional prices at the N-SHOES shoe store.

Shoes for a day spent at a desk

An accountant's day means eight to ten hours in an office, the commute, a trip to the tax office, the bank, and back to the desk. So our holiday selection is built around shoes that work both seated and on the move.

Loafers and low-heel shoes

Office dress-code classics: full-grain leather or suede, a 2–3 cm heel, a soft insole. No fastenings to deal with when you are late for a meeting.

Mid-season boots

Leather models with a flannel lining and a stable sole — made for November weather, when the walk to work is cold and the office is warm.

Sneakers for the commute

Understated city models without loud detailing: they sit well under trousers and a coat, and support the foot across long walks between offices.

The N-SHOES online store carries women's and men's footwear in genuine leather and suede: shoes, loafers, ankle boots, tall boots and sneakers from Polish and Ukrainian factories — Rylko, Simen, Lonza, Nessi, Allsy, Anna Lucci and N-SHOES Fabio. Every product page lists the size range, insole length, heel height and lining, so the size fits the first time. We deliver across Ukraine, and you can try your order on at the carrier's branch.

Store hours today

Online orders are accepted around the clock; a manager is available during working hours.

9:00 — 19:00

The holiday discount applies on 10 November.

Questions and answers

How do I get the 20% discount?

Tell the manager about your profession when you place the order, or add a note in the order comment — the discount is applied to the total.

Does it work on sale items?

Yes, the holiday −5% is applied on top of current prices. Ask a manager about combining it with other promotions.

How do I pick the right size?

Measure your foot from heel to big toe and compare it with the insole length in the product description. Where a model runs small, we say so on the product page.

Can I try the shoes on before paying?

Yes — we ship with a fitting option at the carrier's branch, so you pay once you are sure the pair fits.

Yours, NEXT SHOES · N-SHOES

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