Week 1 - History of Accounting Flashcards

1
Q

How many millennia has accounting been around?

A

7

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2
Q

When did double-entry bookkeeping come into fruition?

A

Medieval period

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3
Q

Who is the ‘father of accounting’?

A

Luca Pacioli

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4
Q

When was ICAS established?

A

1854

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5
Q

When was ICAEW established?

A

1880

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