Luca Pacioli: The Father of Accounting

A framework to embed records management into the auditing process in the public sector in South Africa

“…Having identified the loophole, Pacioli published a book in 1494 on mathematics (Summa), which included 36 chapters explaining the double-entry system (Smith, 2008). The inclusion of the double-entry system in his book resulted in Pacioli being generally recognized as the author of the first published double-entry book-keeping text.…”

“…The double-entry system was central to the success of Italian merchants, necessary to the birth of the Renaissance (Smith, 2008). Industrial Revolution (1750-1850) firms required accountants to provide the information necessary to avoid bankruptcy and their role developed into a profession.…”

“…Auditors developed a way to strategically select key cases as representative of the organization’s overall performance. This was an affordable alternative to examining every case in detail, and it required less time than the standard audit (Manal, 2011; Smith, 2008).…”

A Conceptual Analysis on “Ethical Dilemma” in Accounting Application

“…When U.S. switched to International accounting standards, they are composed that this would positively alter the scenario. Also, as a new chairperson of the SEC takes over the system, the transition brings a stronger review about the pros and cons of rule-based accounting [23][24][25][26]. While the moving towards international standards progresses, there are small amount of research that examines the effect of principle-based standards in an auditor's decision-making process.…”

Αλγοριθμικές Διαδικασίες Ως Κύρια Μαθηματική Γνώση

“…222 Ο Ιταλός μαθηματικός Fra Luca Bartolomeo de Pacioli (1447Pacioli ( -1517 ήταν Φραγκισκανός μοναχός και στενός φίλος του Λεονάρντο Ντα Βίντσι (Ben-Menahem, 2009). Θεωρείται ο «Πατέρας της Λογιστικής», επειδή περιέγραψε μια μέθοδο που χρησιμοποιούσαν έμποροι στη Βενετία (Smith, 2018…”