"There are three key things needed by anyone who wishes to carry on business carefully:
• Capital
• A good accountant
• Proper internal control"
Fra Luca Bartolomeo de Pacioli, Italian mathematician, franciscan friar, collaborator with Leonardo da Vinci. Friar Luca is the father of accounting and double-entry technique of bookkeeping.(Summary of arithmetic, geometry, proportions and proportionality, Venice,1494)
"There are three key things needed by anyone who wishes to carry on business carefully:
• Capital
• A good accountant
• Proper internal control"
Fra Luca Bartolomeo de Pacioli, Italian mathematician, franciscan friar, collaborator with Leonardo da Vinci. Friar Luca is the father of accounting and double-entry technique of bookkeeping.(Summary of arithmetic, geometry, proportions and proportionality, Venice,1494)
