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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References in periodicals archive ?
Mackinnon N (1993) The portrait of Fra Luca Pacioli. The Mathematical Gazette 77(479): 130-219.
In 1494, Leonardo Da Vinci met up with Fra Luca Pacioli, who introduced him to Phi.
She deftly compares the Newberry Alphabet to those of Feliciano, Moyllus, and Fra Luca Pacioli. Its letters (completely reproduced at actual size) are notable for the inclusion of two forms of M and N (the first of which is Trajanic), as well as a T with asymmetrical crossbar serifs.
That Florence was his intended final destination during these months of energetic wandering in early 1500 may be partly corroborated by two pieces of evidence, a substantial deposit of money on 14 December 1499 into his bank account at the Hospital of Santa Maria Nuova in Florence (most likely in anticipation of his return to the city), (36) and the statement in Fra Luca Pacioli's De Divina Proportione (Venice, 1509, fol.
According to Baker, there has been little innovation in the accounting profession since Fra Luca Pacioli's introduction of double-entry bookkeeping in the 1400s.
The first authoritative publication on double-entry bookkeeping was authored by Fra Luca Pacioli in 1494.
Fra Luca Pacioli, a Venetian monk, first described double entry accounting in 1494.
Until now, most CPAs used computers simply to automate the tasks they have been doing since the double-entry bookkeeping method long used by Venetian merchants was codified and published by Fra Luca Pacioli 500 years ago.
(1940), Fra Luca Pacioli l'uomo e lo scienziato con documenti inediti (Sansepolcro: Boncompagni).
In 1494, Leonardo Da Vinci met up with Fra Luca Pacioli who introduced him to Phi.