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Fra Luca Pacioli: Father of Accounting by Althea Asuncion is a document available to read on EtoBox.
1) Fra Luca Pacioli, a Franciscan monk and mathematician, is considered the father of modern accounting. In 1494, he published the first book documenting the double-entry accounting system still used today. 2) Accounting identifies, records, and communicates financial information about a business that is useful for economic decision making. It is considered the "language of business." 3) Accounting involves identifying transactions, recording them, classifying and summarizing the information, then commun
- Author
- Althea Asuncion
- Language
- EN