International Journal of Sustainable Development Research

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History and Development of Accounting in Perspective

Received: 19 August 2015    Accepted: 26 October 2015    Published: 27 October 2015
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Abstract

No discipline can develop without a strong theoretical base practice should backed by sound theory. This article covered the History of Accounting Development; it embodies stewardship, Ancient civilization of accounting, double entry and book keeping system. Accounting as it is practiced today, evolved gradually over the years, and we can must pin-pint the time of the first Accounting system.

DOI 10.11648/j.ijsdr.20150102.11
Published in International Journal of Sustainable Development Research (Volume 1, Issue 2, November 2015)
Page(s) 14-20
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Accounting History, Accounting Development, Double Entry Accounting, Uses of Accounting History

References
[1] Curruthers: B. G (1991): Accounting for rationality: Double-Entry Book-keeping and the rhetoric of economic rationality. American Journal of sociology, 97 (1): 37. Retrieved on March I I 2014 from http//www.accountinghistoivt Journal.
[2] Dabor E. L. (2008): Basic Business Accounting Dan Diamond Publisher, Benin City, Edo State, page 6.
[3] David H. M, & Wayne W. M. (1996): Accounting third edition printed in the United State of America, page 8.
[4] Dempsey. D. and Matthew M. (1984): Principles of Accounting, Addison - Wesley Publishing Company, Page 13.
[5] Lee G. A. (1977): The coming of age of double entry. The Giovanni farolfi ledger of 1299-1 300 Accounting Historian Journal 4(2):80. Retrieved on March 11, 2014 from http/www. Management Journal.
[6] Long O. K & Kazeen – R. A. (2008): Essential Financial Accounting, Third Edition, Publish by Tonad Ltd., Lagos, page 2.
[7] Mohamud A. (2013): On the development Accounting through the History. International Journal of Advance in Management and economics 95 - 96. Retrieved on March 11, 2014 from httpllwww. accountin hisotrp’ Journal.
[8] Nobes C. W. (2001): Were Rexors precursors to Accounting Books based on the Italian method? Accounting Historians Journal; 28(2):207-14. Retrieved on March 11, 2014 from http/www. accountinqhistorv Journal.
[9] Peter B. E. (2004): Accounting Foundation published by Cherubian Ltd. Lagos. Page 31.
[10] Solar C. I. (1994), The Accounting system practiced in the near east during the period 1220 - 1350 based on the book resale, Accounting Historians Journal 21(1). Retrieved on March 11, 2014 from http//: www. Management Journal.
[11] Strong W. F. And John A (2007) Reviving the Deard Greek Buys. Global Media Journal, Indian Edition, ISSN: 1550-7521 Retrieved on March 11, 2014 from http//www. Management Journal.
[12] Thiery M. (2009): Did you say Debit? Assumption University (Italy) AU-GSB e-Journal 2(2) — 35,Retrieved on March 11, 2014 from http/twww. Management Journal.
[13] Zaid O. A. (2000) Were Islamic Records Precursors to accounting books based on the Italian method? Accounting Historian Journal, 27(1):73-9. Retrieved on March 11, 2014 from http//www. Management Journal.
Author Information
  • Banking & Finance Department, Achievers University, Owo, Nigeria

  • Accounting Department, University of Benin, Benin, Nigeria

  • Accounting Department, University of Benin, Benin, Nigeria

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  • APA Style

    Balogun Akinyemi, A. E. Okoye, Prince Famous Izedonmi. (2015). History and Development of Accounting in Perspective. International Journal of Sustainable Development Research, 1(2), 14-20. https://doi.org/10.11648/j.ijsdr.20150102.11

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    ACS Style

    Balogun Akinyemi; A. E. Okoye; Prince Famous Izedonmi. History and Development of Accounting in Perspective. Int. J. Sustain. Dev. Res. 2015, 1(2), 14-20. doi: 10.11648/j.ijsdr.20150102.11

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    AMA Style

    Balogun Akinyemi, A. E. Okoye, Prince Famous Izedonmi. History and Development of Accounting in Perspective. Int J Sustain Dev Res. 2015;1(2):14-20. doi: 10.11648/j.ijsdr.20150102.11

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  • @article{10.11648/j.ijsdr.20150102.11,
      author = {Balogun Akinyemi and A. E. Okoye and Prince Famous Izedonmi},
      title = {History and Development of Accounting in Perspective},
      journal = {International Journal of Sustainable Development Research},
      volume = {1},
      number = {2},
      pages = {14-20},
      doi = {10.11648/j.ijsdr.20150102.11},
      url = {https://doi.org/10.11648/j.ijsdr.20150102.11},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.ijsdr.20150102.11},
      abstract = {No discipline can develop without a strong theoretical base practice should backed by sound theory. This article covered the History of Accounting Development; it embodies stewardship, Ancient civilization of accounting, double entry and book keeping system. Accounting as it is practiced today, evolved gradually over the years, and we can must pin-pint the time of the first Accounting system.},
     year = {2015}
    }
    

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    AU  - A. E. Okoye
    AU  - Prince Famous Izedonmi
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    AB  - No discipline can develop without a strong theoretical base practice should backed by sound theory. This article covered the History of Accounting Development; it embodies stewardship, Ancient civilization of accounting, double entry and book keeping system. Accounting as it is practiced today, evolved gradually over the years, and we can must pin-pint the time of the first Accounting system.
    VL  - 1
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