Thursday, July 7, 2011

Accountancy- Past and Present

The seemingly boring accountant’s job is one of paramount importance in all fields of business. Keeping accounts dates back to almost 7000 years ago in Mesopotamia where the earliest traces of accounts have been found. Accountancy forms an integral part of all business and accountants are in demand all over the world. Not only is the job demanding, but also very lucrative. Financial Accountants are highly paid and highly sort after. From the early days of Vedic, Islamic and Roman era, accountancy has come a long way. Business firms from Microsoft to McDonald’s nobody can function without proper bookkeeping and inventory management.