Prostitution is regarded by many as the world's oldest profession, which makes accounting the world's second oldest profession. For as long as there have been goods, services or taxes changing hands, there has been a need to account for these transactions. Not only is accounting pervasive through all of written history, but it is now prevalent and necessary in every business of every industry in every country. If asked what an accountant is, most people will respond by describing bookkeeper's duties. Ultimately the purpose of accounting is to provide information at a glance for those responsible for making financial decisions. Thankfully, there is an accounting process to make information easily digestible through an accountant's summarized reports and analyses. This essay intends to familiarize the reader with a brief history of bookkeeping, explain the differences between bookkeeping and accounting, and detail the accounting process. .
The history of accounting is rich and spans to the beginning of recorded history. *In fact, the ACAUS recognizes earliest forms of writing as being developed explicitly for the purposes of accounting; this is evident in a set of five thousand year old stone tablets discovered in Egypt which were used for recording taxes. However, one of the most important events which led to modern accounting begins in 15th century Venice, Italy, due to a number of factors. To begin with, since Venice was a small city built of canals, they turned their weaknesses into strengths, and developed one of the world's greatest economies with the help of skilled merchants and their proficiency in maritime culture which would not only sustain the city but make it the primary trading hub between mainland Europe and Asia. In addition to goods, accounting-essential intangibles such as algebra and Arabic numbers had arrived in Italy thanks to the Silk Road and the Indian Ocean trade routes, which would later make calculations and tabulations much more accessible than using Roman numerals.
What is accounting? ... But in all seriousness, intro is a lot of basics: debits and credits, how to record various transactions, basic financial ratios. ... There are three different areas of accounting. ... There is general accounting where you monitor accounts receivable and accounts payable. ... Per Chatfield, in "A History in Accounting Thought" it has been around since ancient times. ...
There are a lot of events in history that had showed us how the different ways of thinking and beliefs could spark terrible endings. ... We live in a world with many differences, but all of those ways of thinking and beliefs, especially politics, should guarantee compliance of the basics human rights. ... It is unbelievable that with all the events happened along history, still being people who want to dominate no matter how, without thinking in the goodness for a bigger numbers of people. That is the case of North Korea with a leader who prefers to invest more money in military armament t...
When the costs are taken into account, the electricity produced by the power station is relatively expensive C. History of Nuclear Power 1. ... NUCLEAR FUSION BASICS www.jet.efda.org COMPARISIONS OF VARIOUS ENERGY SOURCES www.nucleartourist.com/basics/why.htm NUCLEAR POWER STATIONS www.gcsescience.com/pme30.htm LECTURE 27 - NUCLEAR ENERGY www.personal.psu.edu NUCLEAR RETURN FROM THE DEAD whyfiles.org/130nukes/4.html NUCLEAR ENERGY INSTITUTE www.nei.org/doc.asp?...
Giant monsters of course do not eat people, but the basics of what a person may stand for, loyalty, honor, chivalry, and courage are constantly being put to the test. ... Both history and legend place the Danes and Swedes within the fifth and sixth centuries A.D.. ... Other characters are accounted for in the course of the narrative in the rest of the poem. ... Beowulf illustrates some important aspects of time and history. ... Worked into this section, not in chronological order, are four accounts of the Geat-Swede conflicts. ...
It focuses on the history of church growth, the theology behind it and involved within it, and its principles. ... Part one of this book is "The History of the Church Growth Movement." ... A detailed account of his life is given, beginning with his birth in 1897 to missionary parents. ... This is vitally important in understanding the basics of church growth. ... Implementing this principle means returning to New Testament basics where dichotomy between clergy and laity does not exist. ...
First, let's look at the basics of how a Linux IP Masquerading Server works. ... We must first start at the basics of the Internet before discussing how it does this. ... It's also extremely cost-efficient to run because the Linux Operating System itself is free, to connect to the internet all you need is one connection and one account, and a fully functional Linux Server can be set up with older equipment that can be easy to get. ... In an article entitled Linux Laps Up More of the Server Software Market in a September 28 2001 USA Today article written by Byron Acohido- IBM's V...
So, in this instance, there is a similarity in the Iroquois and European creation stories, as the downfall of human beings, as evidenced by good and evil or the range of personalities of the deer, bear, and wolf, are accounted for as part of both heritages. ... In fact, the first European settlers of America were very hard pressed to understand and respect the Iroquois creation story, steeped as they were in the basics of their own religious tradition. In the textbook, Making America, A History of the United States, 3rd ed., is an account from the 1650s, which describes their puzzleme...
Math Contribution Claudius Ptolemy's writings in mathematics on plane and spherical trigonometry remain the basics of trigonometry today. ... He represented a complete system of mathematical constructions that accounted successfully for the observed motion of each heavenly body. ... In addition to his well-known works in astronomy, Ptolemy was very important in the history of geography and cartography. ...
Math Contribution Claudius Ptolemy's writings in mathematics on plane and spherical trigonometry remain the basics of trigonometry today. ... He represented a complete system of mathematical constructions that accounted successfully for the observed motion of each heavenly body. ... In addition to his well-known works in astronomy, Ptolemy was very important in the history of geography and cartography. ...
