Part I - PRELIMINARIES
PART II - ACCOUNTING PRINCIPLES AND ASSUMPTIONS
PART III - ACCOUNTING PROCESS

History of Accounting

The study of accounting’s history and development often receives little attention. Nevertheless, it is an opportunity for deep thought and appreciation of the past, its relevance to the present and possibilities for the future. Accounting has grown in stature and acceptance in a shorter period compared to other professions. Environmental factors and other developments accounted for this growth.

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