It has been said that pre-numerical counting systems...

It has been said that pre-numerical counting systems pre-dated the written language. Business accounting is rooted in the organization of monetary claims throughout the history of the Western civilization, developing even before the ancient accountants could note the mathematical entries. Beginning in Mesopotamia around 3500 B.C, and developing throughout the 14th century in Europe, accounting has become one of the largest advancements in the Western world. This long standing form of collaborating financial data has evolutionalized the way we approach business in the 21st century. While todays accountants are involved in the analysis of financial data and the auditing of cash flow through a corporation, this hasnt always held true. The†¦show more content†¦Often, for precaution, the trade was again written in the outercrust of the tablet so that no other alterations could be made. Ancient Europe held an accounting system similar to that of the Mesopotamian community. Here th ey used a form of papyrus, a paper material made from the stem of a water plant, instead of the clay tablets that were much less plentiful in this area. â€Å"Accountants† in this part of the western world were typically associated with a specific store or trade business, and were evaluated extensively by an internal verification system within the corporation for which they were accredited in order to implement a more detailed accounting transaction built upon honesty and credibility of those calculating. While Egyptians made thousands of trades regarding gold and silver, they referred to each as an exchange of goods rather than ascribing value to the item. This made the calculating and recording different commodities in different credit terms very difficult. According to public records, ancient Greece used accountants for personal monetary organization and to maintain authority of governmental finances. Its systematic process equipped with leaders was evident in the Athens P opular Assembly, who ratified all decrees regarding financial matters in the state. This assembly met every ten days to discuss events regarding Athenian code and allowed citizens to attend and vote on commissioned decisions made in government. Perhaps Greeces mostShow MoreRelatedPepsi Prospectus112807 Words   |  452 Pagesinformation (including the preliminary and final Prospectus) and does not constitute an offer of Offer Shares for sale in the United States or to, or for the account or benefit of, U.S. persons. 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