Wednesday, November 10, 2010

Accounting Day, 2010

Happy Accounting Day! Here's a little history of this day from David Albrecht @ The Summa. 
November 10 is the day we accountants commemorate a top 25 event in the world’s history–publishing the first book on accounting.
On November 10, 1494, volume 2 of Summa de Arithmetica, Geometria, Proportioni et Proportionalita (Everything About Arithmetic, Geometry and Proportion) was published.  It is in volume 2 of the Summa that Luca Pacioli included a description of the bookkeeping/accounting system of Venice.   In honor of this contribution, Pacioli has carried for centuries the title of Father of Accounting.
Click Here to Read: Accounting Day, 2010

1 comment:

  1. Oh wow, I didn't know that. In India accounting was started somewhere around 5000 bc.