Climateer Line of the Day: How Accounting Standards Have Changed Edition
From Going Concern:
...In ancient Athens, accounting was seen as connected to political
accountability. From the beginning, a complex system of bookkeeping and
public auditing was at the heart of democratic government. The Athenian
treasury was considered sacred and kept at Delos under the watchful eyes
on its treasurers.
Humble citizens and slaves were educated and
employed as bookkeepers. For the most part, Athenians preferred public
slaves as comptrollers and auditors because they could be tortured on
the rack and freemen could not....
...
MORE
