Fun Fact Friday: Accountants in the Arts!
It’s #FunFactFriday 🎬 Think accounting is boring? Think again! Accountants even play a vital role in the glamour of the Oscars! 🏆
The Academy Awards has used an accounting firm to help it tabulate votes since 1935, when Bette Davis was passed over for a nomination. To counter claims of voting irregularities happening in the future, PWC, then known as Price Waterhouse, was brought in to tally the votes.
In the years since, PWC has extended its relationship with the Academy, going above and beyond just counting votes, by becoming the auditor of its financial statements and the preparer of its taxes as well.
Turns out that numbers and making movie-magic, go hand-in-hand! Cheers to historic relationships between the arts and accountants.