Week 1 - History of Accounting Flashcards
1
Q
How many millennia has accounting been around?
A
7
2
Q
When did double-entry bookkeeping come into fruition?
A
Medieval period
3
Q
Who is the ‘father of accounting’?
A
Luca Pacioli
4
Q
When was ICAS established?
A
1854
5
Q
When was ICAEW established?
A
1880