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Luca Pacioli

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Luca Pacioli
A Franciscan friar who is widely regarded as the father of modern accounting. While he did not invent double-entry bookkeeping, he was the first to write a treatise on it. He was also the first to describe balance sheets and income statements. He famously said, "A person should not go to sleep at night until the debits equal the credits." He died in 1517.


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Luca Pacioli, in my office, and I tell my students that we still do the basic things he talked about more than 500 years ago.
shtml In 1494, Leonardo Da Vinci met up with Fra Luca Pacioli, who introduced him to Phi.
Then just over a year ago it was revealed to be a fabled volume - the only surviving copy of De Ludo Schacorum by Luca Pacioli, the Franciscan friar and mathematician.
 
 
 
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