Development of accounting?

Question

What has contributed significantly to the development in accounting in the last 8 centuries?

Answer 1

Unlike most other modern professions, accounting has a history that is usually discussed in terms of one seminal event – the invention and dissemination of the double entry bookkeeping processes. But a view of accounting history that begins with Luca Pacioli’s contributions overlooks a long evolution of accounting systems in ancient and medieval times.

Feel free to read through the complete history or you may access each of the following specific historical period by clicking on the link.

Ancient Accounting: Dawn of Man through Luca Pacioli
Accounting In Mesopotamia, circa 3500 B.C.
Accounting In Ancient Egypt, China, Greece and Rome
Medieval Accounting
Italian Renaissance: Birth of Double Entry Bookkeeping
Luca Pacioli and The Summa
Pacioli's System: Memorandum, Journal and Ledger
Significance of the Summa
Scotland - Birthplace of the Modern Profession
Professional Accountancy Travels Across the Globe
Into The Twentieth Century and Beyond

Answer 2

The most important thing was the using of the double book keeping entry.
Invented by the Venetians. At that time it was a City-state and very rich and plenty of commerce.