When accountants walked with kings: Jacob Soll’s The Reckoning

Hosted by Courtney Vien

Accounting history is a lot more exciting than you realize. Historian and MacArthur Fellow Jacob Soll, author of The Reckoning: Financial Accountability and the Rise and Fall of Nations, discusses the vital role accounting played in the French and American revolutions.

What you’ll learn in this episode:

  • Why accounting was once considered essential knowledge for courtiers and statesmen.
  • How a celebrity accountant triggered the French Revolution.
  • Why Benjamin Franklin may have written his autobiography in a ledger book.
  • What happens in eras when financial literacy is low and accounting isn’t valued.

Play the episode below:

SPONSORED REPORT

6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.

PODCAST

How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.