Feeds:
Posts
Comments

Posts Tagged ‘Luca Pacioli’

Recent DNA results raise doubt that Pacioli fathers accounting.

November 10 is when we celebrate Accountant’s Day.  I recently wrote,

On November 10, 1494, volume 2 of Summa de Arithmetica, Geometria, Proportioni et Proportionalita (Everything About Arithmetic, Geometry and Proportion) was published.  It is in volume 2 of the Summa that Luca Pacioli included a description of the bookkeeping/accounting system of Venice.   In honor of this contribution, Pacioli has carried for centuries the title of Father of Accounting.

Pacioli, though, never claimed to invent anything related to accounting.  In an attempt to refute paternity, Pacioli consented to a DNA test.

New Mexico State University accounting professor (and master accounting humorist) Ed Scribner writes, “Recent DNA evidence reveals that Pacioli is not actually the Father of Accounting …”

Accounting researcher Dan Stone from the University of Kentucky agrees, “Recent DNA evidence indicates that while Pacioli is not actually the Father of Accounting, he is the Father of the hoodie.”

Pacioli does not claim that, either.

I wonder.  Why would a celibate monk be considered the father of anything?

Debit and credit – – David Albrecht

Read Full Post »

accountantdaylargeIt is still November 10 up here in North Dakota.  That means it is still Accountant’s Day!

Did you get a chance to celebrate?  Professor Ed Scribner at New Mexico State University reminded his accounting theory students, and one brought a cake to class.  I’m on a diet, but I would break it for a slice of Accountant Day cake.

How did I celebrate?  I walked around campus reciting the debiti-credit cadence.  You don’t know what that is?  Instead of walking and saying, “a-left (pause) a-left (pause) a-left right left (pause)”, you say, “debit (pause) debit (pause) debit credit debit (pause).  I also tested students taking my courses on the finer points of accounting.   I’ll bet they are celebrating tonight.

As explained in a previous blog post, on November 10, 1494, volume 2 of Summa de Arithmetica, Geometria, Proportioni et Proportionalita (Everything About Arithmetic, Geometry and Proportion) was published.  It is in volume 2 of the Summa that Luca Pacioli included a description of the bookkeeping/accounting system of Venice.

Who says I don’t know how to have fun?  On Accountant’s Day I’m the life of the party.

accountantsday2009Now, back to the party.

Debit and credit – – David Albrecht

Read Full Post »

There’s a day for everything and everybody.  HolidayInsights.com maintains a nearly exhaustive list:   Coming up are:

  • Oct. 5 World Teacher’s Day
  • Oct. 6 Come and Take It Day
  • Oct. 6 Mad Hatter Day
  • Oct. 6 Physician Assistant Day
  • Oct. 7 Bald and Free Day
  • Oct. 8 World Smile Day
  • Oct. 8 American Touch Tag Day
  • Oct. 8 Emergency Nurses Day
  • Oct. 9 Moldy Cheese Day

Moldy Cheese Day?  Bald Day?  GMAB (give me a break)!

I see days related to vocation and profession.  When is Accountant’s Day?  It is not listed at HolidayInsights.com.  Rajesh over at All About Accounting would like to know.  I’ll tell you in a couple of paragraphs.

(more…)

Read Full Post »

%d bloggers like this: