Answer:
It is not accurate to refer to a single person as the “father of accounting.” The practice of accounting has developed over many centuries, with contributions from many different individuals and cultures. Some of the earliest forms of accounting date back to ancient civilizations such as Mesopotamia and Egypt.
In modern times, Luca Pacioli is often considered to be a father of accounting in the development of accounting. He was an Italian mathematician and Franciscan friar who lived in the 15th century and is known for publishing the first printed book on double-entry bookkeeping in 1494. However, even Pacioli’s work built upon earlier concepts and practices that had been in use for centuries.
