#ScribePartner #ad The People Who Invented Accounting

@youraveragefinancebro

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SoundTikTok sound · original sound - youraveragefinancebro

Promoted product

Scribe

Automatically capture, improve, and scale how work gets done. Give your teams and AI agents the context to do their best work. Trusted by 94% of the Fortune 500.

7 videos2 creators

Why it worked

The video uses humor and relatable frustration with accounting complexities to engage the audience. By presenting accounting rules as absurd and then offering Scribe as a simple solution, it effectively highlights the product's value proposition in a memorable way.

Summary

The video humorously explains the invention of accounting principles by framing them as arbitrary and confusing rules created by "The People Who Invented Accounting." It highlights how Scribe can automatically generate step-by-step guides to help users navigate these complex rules.

Structure

1Introduction to the "inventors" of accounting
2Explanation of debits and credits, and asset depreciation
3The arbitrary nature of accounting rules (land, goodwill, miscellaneous expense, unearned revenue)

Original caption

Based on a true story 👀 👀 #accounting #accountant #Big4 #business #Scribe

More from @youraveragefinancebro

Product placement

Scribe: ACTS - generates a step-by-step guide from a workflow, which is shown on screen. Removing it would change what happens in the video. Excel: ACTS - used to display financial data and is mentioned as a tool where errors can occur. Removing it would change what happens in the video.

On-screen text

The People Who Invented Accounting #ScribePartner #ad

Transcript

we should start keeping track of our business transactions every single year yes it'll apply to all assets except for land wait why not land I have no idea but everyone will always mess it up even though they know not to yes and if they try to fix it they'll get a whole bunch of ref errors in Excel that they don't know how to fix don't know how to fix exactly but we can just send them a step by step guide that we automatically generate with Scribe so we don't have to spend time explaining it to them and they can just fix it themselves yes we should also have a whole bunch of accounts that no one actually understands when people overpay for a company they can just call it goodwill or when they don't want to tell people what they spent their money on they can just call it miscellaneous expense or if they pinky promise to do something in the future they can just call it unearned revenue call it unearned revenue yes I really think we're onto something here