HERE I WILL TELL YOU ABOUT THE HISTORY OF ACCOUNTING THE HISTORY IS AS UNDER:
THE ANCIDENT MERCHANTS AND GOVERNMENT OF EGYPT,GREECE AND ROMAN EMPIRES MAINTAINED RECORDS OF THEIR DAILY BUSINESS TRANSACTION.BUT THE PRESENT SYSTEM OF ACCOUNTING WAS NOT DEVELOPED UNTIL THE LATE 15TH CENTURY LUCA PACILOLO(PACIOLO)1445-1515,THE EMINENT MATHEMATICIAN IS THE PIONEER OF ACCOUNTING.INSHORT,DURING THE PAST 500 YEARS,ACCOUNTANTS HAVE DEVELOPED A LOT A FRAMEWORK OF ACCOUNTING CONCEPTS AND PROCEDURES THAT FACILITATES THE ADMINISTRATION OF FINANCIAL ACTIVITIES.