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Uploaded by FeistyRealism5067
Pagalanggang National High School
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# Accounting History It is believed that the history of accounting is thousands of years old and can be traced back to ancient civilizations. Numerous historical texts suggest that accounting's origins date back to ancient Mesopotamia. During this time, people used a system of writing and countin...
# Accounting History It is believed that the history of accounting is thousands of years old and can be traced back to ancient civilizations. Numerous historical texts suggest that accounting's origins date back to ancient Mesopotamia. During this time, people used a system of writing and counting for money, which may have developed in conjunction with taxation and trading activities involving temples. The reign of Emperor Augustus (63BC-14AD) provides further evidence of accounting development. The Roman government meticulously recorded financial information about the actions of Emperor Augustus related to managing Roman resources. This detailed record-keeping supports the development of accounting practices.