Saturday, November 3, 2012

 
Accounting is the processs of measuring and communicating financial and/or economic data for the purpose of making informed decisions.

Luca Pacioli is regarded as the father of double-entry accounting methods. Leonardo Da Vinci learned mathematics from Pacioli.

Pacioli's "The First Exposition of Double Entry Bookkeeping" is a ground-breaking work that explains the very foundation for modern accounting methods.


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