Timeline: An Abbreviated History — The Origins of the Big Eight, and How They Shrank to Four
2017
Circa 3400 BC -Systems for inscribing accounting records on clay tablets are developed in Sumeria.1458 -Benedetto Cotrugli composes his Libro de Larte dela Mercatura in Naples.1494 -Franciscan friar Luca Pacioli publishes his Summa de arithmetica, geometria, proportioni et proportionalità.1844 -The Joint Stock Companies Act in England requires railway companies to appoint bookkeepers to keep and maintain their accounts, and to appoint "auditors" from among the shareholders.