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History of Accounting

By Administrator, on 07-07-2008 20:56

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History of Accounting

Painting of Luca Pacioli, attributed to Jacopo de' Barbari
Painting of Luca Pacioli, attributed to Jacopo de' Barbari
Accountancy's infancy dates back to the earliest days of human agriculture and civilizationSumerians in Mesopotamia), when the need to maintain accurate records of the quantities and relative values of agricultural products first arose. This need for record keeping was the synthesis of writing.[citation needed] Simple accounting is mentioned in the Christian Bible (New Testament) in the Book of Matthew, in the Parable of the Talents. The Islamic Quran also mentions simple accounting for trade and credit arrangements
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