3 Unknown and amazing facts you need to know about accounting
Every year, we celebrate International Accounting Day on the 10th of November. For the past couple of years, the accounting industry has evolved immensely. Various A ccounting firms in London provide accountancy and taxation services to businesses. But do you know in detail about the Accounting industry and its history? Though, accounting might not be an exciting industry for all. However, people who love numbers love accounting and its history. Here, we have listed three amazing and unknown facts about accounting that will amaze you. Let us dive right into it: #1 Luca Pacioli – The father of accounting Italian Mathematician Luca Pacioli is the founder of the accounting field and is known as the father of accounting. In 1494, Pacioli published the first book on detailed double-entry accounting entitled Summa de Arithmetica, Geometria, Proportioni et Proportionalita . In this book, he quotes, A person should not go to sleep at night until the debits equal the credits. Top accounti