Author (Your Name)

Mona Pinette, Colby College

Date of Award

1977

Document Type

Senior Scholars Paper (Colby Access Only)

Department

Colby College. Administrative Science Dept.

Advisor(s)

(unknown)

Abstract

The evolution of accounting practices has come about due to changes in economic, sociological, and business practices. Generally, accounting has adapted itself to changes in the business environment; it has not been an initiating force in itself. During the Middle Ages, the Church doctrines of usury and just price and the business practice of forming partnerships determined the accounting practices and helped to stimulate the creation of the double-entry system. In studying the history of accounting, we can easily identify the strong influence that trade has had on this discipline. It has been inevitable that city-states or countries that have been leaders in trade have had the greatest effect on the development of accounting.

Keywords

Accounting -- History, Comparative accounting

Comments

Full-text download restricted to Colby College campus only.

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