Double-entry bookkeeping by Pacioli and his Italian followers in XVI–XVII century
Journal Title: Zeszyty Teoretyczne Rachunkowości - Year 2015, Vol 2015, Issue 81
Abstract
The purpose of the article is to present the first textbook on double-entry bookkeeping and its impact on the development and popularization of accounting in Italy. The author of this work Luca Pacioli – was an outstanding representative of the Renaissance, and thanks to Tractatus XI de Computis et Scripturis he became known as the „Father of Accounting”. His work was a compendium of knowledge necessary to keep merchant accounts. It was written on the basis of long-term observation of the practices used byVenetian merchants, who, due to intensive trade, were looking for a way to control the efficiency of their operations. The handbook’s quality made the rules of accounting which it described become a widely used standard reproduced in books by other authors. The first followers of Pacioli were Italians: DomenicoManzoni, Don Angelo Pietra and Matteo Mainardi, who mostly copied his textbook, but also tried tomake their own improvements in accounting. In this way the knowledge of the double-entry bookkeeping system came to other countries and became the most popular method of accounting. Its simplicity and perfection allowed it to survive until XXI century.
Authors and Affiliations
SŁAWOMIR SOJAK, MONIKA KOWALSKA
Keywords
Related Articles
- EP ID EP69248
- DOI -
- Views 121
- Downloads 0
Religious audit in the Islamic perspective – selected issues
The purpose of the article is to identify the specific characteristics of religious audit performed in Muslim financial institutions. The thesis put forward in the study is that cultural (religious) identity, determining...
Accounting policy in Russia and in Poland – chosen aspects
Accounting policy should provide conditions for presenting in financial state-ments a true and fair view of the financial position and performance of a business entity. The users of accounting information expect that it...
Skłonność do unikania i uchylania się od opodatkowania w świetle teorii moralnego rozwoju Kohlberga – zagadnienia etyczne w praktyce rachunkowości
Współczesne służby rachunkowości mają w swoich rękach narzędzia nie tylko umożliwiające ewidencjonowanieoperacji gospodarczych w księgach rachunkowych, ale również mogące służyć zarówno dozniekształcania obrazu sytuacji...
Struktura własnościowa przedsiębiorstw a księgowe kształtowanie wyniku finansowego
Celem artykułu jest zbadanie związku między strukturą własnościową przedsiębiorstw, w tym koncentracją własności, udziałami menedżerskimi oraz występowaniem inwestorów instytucjonalnych a procesami księgowego kształtowan...
Defining value creation in the integrated report according to the International <IR> Framework – a critical analysis
The aim of the article is to demonstrate the controversy in defining the basic concepts of value creation comprised in the IIRC Guidelines and the consequences associated with it. The author analyses the concepts contain...