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Medieval accounting tome to move on sale for £1m

Accounting

Medieval accounting tome to move on sale for £1m

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The tome, printed in Venice in 1494, was written using the Franciscan friar, mathematician, and friend of artist Leonardo da Vinci and consists of the primarily published description of double-access bookkeeping.

The ebook could be toured in London between the 21 and 27 February and will pass on sale in the New York branch of the public sale house for an expected $1m to $1.5m (£0.7m to £1.2m) on 12 June.

Medieval accounting

Alice Laird, the ICAEW cataloging taxonomy supervisor, stated that Pacioli’s description of double-access bookkeeping is “important in the development of the accounting profession as we comprehend it today”.

“It is very uncommon for these editions, of which ICAEW has two copies, to come back up for auction and the anticipated guide charge reflects their international significance,” she introduced.

The textual content, which incorporates mathematics and computing, is also visible as a practical manual to succeed in business.

Pacioli covered all of the mathematical understanding available and a period wherein European thinkers adopted and synthesized Hindu-Arabic mathematics with rediscovered ancient Greek ideas.

The mathematician became recognized to have collaborated with artist and inventor da Vinci. The two worked together on arithmetic and angle throughout the five years they spent dwelling together in Milan.

Eula Boone

I have written professionally since 2010 and have been an investor since 2015. My finance blog, economydiva.com, is one of the most visited blogs in the world, with more than 3 million readers a month. I love sharing what I know about investing, saving, and managing money and providing practical tips on how to be a smart and savvy money manager.

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