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History of Accounting


The number of accounting programs on the market to help finance experts easily manage finances of a company. But do you know where it originated accounting? The following accounting history which I took from wikipedia.

Accounting as an art based on mathematical logic - now known as "double-entry" (double-entry bookkeeping) - was conceived in Italy since 1495 when Luca Pacioli (1445-1517), also known as Friar (Romo) Luca dal Borgo, published his book on the "books" in Venice. The first known English-language book published in London by John Gouge or Gough in 1543.

A quick book accounting also display instructions published in 1588 by John Mellis of Southwark, which contained his word, "I am but the renuer and Reviver of an ancient old copie printed here in London the 14th of August 1543: collected, published, made, and set forth by one Hugh Oldcastle, Scholemaster, who, as appeareth by his Treatise, then taught arithmetics, and this booke in Saint Ollaves parish in Marko Lane. "John Mellis refers to the fact that he explain accounting principles (which is a simple system of double-entry / double entry) is "after the forme of Venice".

At the beginning of the 18th century, the services of accountants, based in London, has been used for the investigation of a director of the South Sea Company, who was traded stock company. During this investigation, at least two accountants examine the company's books. The report described in Sawbridge and Company, by Charles Snell, Writing Master and Accountant in Foster Lane, London. United States owe the concept of destination Public Accountant registered in the UK Chartered Accountant who has been coined in the 19th century.

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