Double Entry

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Filled with vibrant characters and background, Double Entry requires us from the early origins of accounting in Mesopotamia to the frontiers of modern fund. In the centre of the storyline is double-entry bookkeeping: the first system that allowed sellers to actually gauge the worth of these businesses. Luca Pacioli - monk, mathematician, alchemist, and good friend of Leonardo da Vinci - contained Arabic mathematics to formulate something that could work across all trades and countries. As Jane Gleeson-White discloses, double-entry accounting was nothing short of ground-breaking: it fueled the Renaissance, enabled capitalism to flourish, and created the global current economic climate. John Maynard Keynes would utilize it to assess GDP, the measure of a nation's wealth. Yet double-entry accounting has already established its failures. With the expenses of sudden corporate and business collapses such as Enron and Lehman Brothers, and its own disregard of environmental and individuals costs, enough time may attended to re-create it for future years.


Category: Company Profiles

Details

Publisher

Audible Studios

Language

English

ISBN

DATE

2013-05

Author

Jane Gleeson-White

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