>> October 19, 2008
Today , I will try to write complete theme of accounting . Before understanding the theme of accounting education , you must know what is theme. Theme means basic summery of total story. But due to accounting is not a story. So it is so difficult to write the theme of accounting education. But I try to make you understand the theme of accounting education.
I think that India is inventor of all basic rules of accounting because , In India all commercial activities are started . So Need of recording transaction is the first preference of India. All records kept in Sanskrit language. Accounting system is so scientific , no body can cheat in this accounting system. So there is not need of auditing the accounting in that time. Different countries visitors and businessmen came in India and took all knowledge of accounting and went to their country. So India is the first accounting Education giver
In the Middle
In middle of accounting education theme, we will take different scientist in whole world who gave their contribution for accounting education. I am giving giving their name and other detail
Luca Pacioli (1445 - 1517)
Luca Pacioli also known as Friar Luca dal Borgo, is credited for the "birth" of accountancy. His Summa de arithmetica, geometrica, proportioni et proportionalita (Summa on arithmetic, geometry, proportions and proportionality, Venice 1494), was a textbook for use in the abbaco schools of northern Italy, where the sons of merchants and craftsmen were educated. It was a compendium of the mathematical knowledge of his time, and includes the first printed description of the method of keeping accounts that Venetian merchants used at that time, known as the double-entry accounting system. Although Pacioli codified rather than invented this system, he is widely regarded as the "Father of Accounting". The system he published included most of the accounting cycle as we know it today. He described the use of journals and ledgers, and warned that a person should not go to sleep at night until the debits equalled the credits. His ledger had accounts for assets (including receivables and inventories), liabilities, capital, income, and expenses — the account categories that are reported on an organisation's balance sheet and income statement, respectively. He demonstrated year-end closing entries and proposed that a trial balance be used to prove a balanced ledger. His treatise also touches on a wide range of related topics from accounting ethics to cost accounting.
John Mellis of Southwark, England had written his book in 1588 in which he wrote basic principals of accounting , which used in modern accounting.
Richard Dafforne accountant
There are so many accountant who contribute their time and energy to make accounting upto date.
In the End
In the end of this theme , I can tell you one thing that 100 billion people works daily in the field of accounting. From making of family budget to making of national and world project budget , accounting is used as scientific source of data , on the basis all future planning have been done by different people in whole world. If you are thinking that just passing the voucher entries and making final account is accounting , then you are wrong. Theme of accounting is in system not in doing just clerk work. Passing the voucher entry is clerk work. But If you are become real accountant in real sense . Then make your businessmen's all plans and budget by doing all analysis of finance statement. So that you will succeed in reducing every cost of business and increasing all incomes of business. All management accounting is nothing but proper utilization of financial accounting .
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