FABM 1.1

The art of recording, classifying, and summarizing in a significant manner

and in terms of money, transaction and events, which are in part at least

of a financial character and interpreting the result there of.

• Accounting

• Abacus

• Account

It functioned as a calculator in the ancient times. It was developed

by sumerians in 5,000 BCE (Before the common era).

• Abacus

• Accounting

• Papyrus

It was developed by ancient Egyptians in 4,000 BCE.

• Clay Tablets

• Abacus

• Papyrus

A German Archaeologist unearthed Clay Tablets considered

to be among the oldest written tax accounting records.

• Dr. Gunter Dreyer

• Benedetto Cotrugli

• William the third

Where does the clay tablets discovered?

• Tomb of King Scorpion 1

• Tomb of King Scorpio

• Tomb of King Scorpionn 1

They introduced money in form of coins.

• Italian

• Greek

• Egyptian

He took possession of all properties in England in the

name of the king upon his invasion.

• William The Conqueror

• Dr. Gunter Dreyer

• Benedetto Cotrugli

Contained all the real estate survived by William Conqueror

and the taxes due to the people.

• Doomsday Book

• Domes day Book

• Domesday Book

The most ancient surviving accounting record in the English language

contains the yearly accounting of rents, fines and taxes due to

the king of England from 1130 to 1830.

• The Great Roll of the Exchequer

• Pipe Roll of the Exchequer

• Roll of the Exchequer

A Mathematician and friend of Leonardo Da Vince

and considered as Father of Accounting.

• Luca Pacioli

• Rene Descartes

• Archimedes