Accounting Throughout History

There are many examples throughout history where people used their knowledge of accounting to ensure the success of their nation, their business or their livelihood. In this article we are going to look at a number of examples throughout history. The Roman Empire Augustus Caesar was the first emperor of Rome. He not only established the imperial books of account, he also started the practice of publishing information from them. Jacob Soll, author of The Reckoning: Financial accountability and the rise and fall of nations says in his book that the attentiveness of Augustus to the accounts was a key to Rome’s success.

The finances of the crown had always been kept secret, but Jacques Necker published the accounts. In his paper France’s Financial Crisis: Analyzing the Role of the Finance Minister, Jadon B

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