Double Entry by Jane Gleeson-White

Double Entry by Jane Gleeson-White

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Summary

A lively investigation of the origins of double-entry bookkeeping and the conflicted role it plays in modern finance.

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Double Entry by Jane Gleeson-White

Filled with colourful characters and history, Double Entry takes us from the ancient origins of accounting in Mesopotamia to the frontiers of modern finance. At the heart of the story is double-entry bookkeeping: the first system that allowed merchants to actually measure the worth of their businesses. Luca Pacioli -- monk, mathematician, alchemist, and friend of Leonardo da Vinci -- adapted Arabic mathematics to formulate a system that could work across all trades and nations. As Jane Gleeson-White reveals, double-entry accounting was nothing short of revolutionary: it fuelled the Renaissance, enabled capitalism to flourish, and created the global economy. Kuznets and Keynes used it to formulate GDP, the measure of a nation's wealth. Yet double-entry accounting has had its failures. With the cost of sudden corporate collapses such as Royal Bank of Scotland and Lehman Brothers, and its disregard of environmental and human factors, the time may have come to rethink it for the twenty-first century.
Entertaining and informative * The Economist *
A lively history* The New Yorker *
Ms. Gleeson-White's narrative in "Double Entry" is clear and approachable. The complexities of accounting are lucidly presented. * Wall Street Journal *
A well-researched history * Management Today *
A thoughtful and multifaceted work of history, touching on subjects as diverse as Christianity, mathematics, company law and fine arts. * The Australian *
Jane Gleeson-White has worked as a writer and editor in Sydney and London since 1990. She has a Bachelor of Economics and an honours degree in English literature from the University of Sydney. She is the author of Classics (2005) and Australian Classics (2007).
SKU Unavailable
ISBN 13 9781743311493
ISBN 10 1743311494
Title Double Entry
Author Jane Gleeson-White
Condition Unavailable
Binding Type Paperback
Publisher Allen & Unwin
Year published 2013-05-02
Number of pages 304
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.