The Reckoning

In The Reckoning, historian and MacArthur "Genius" Award-winner Jacob Soll presents a sweeping history of accounting, drawing on a wealth of examples from over a millennia of human history to reveal how accounting has shaped kingdoms, ...

The Reckoning

The Reckoning

Whether building a road or fighting a war, leaders from ancient Mesopotamia to the present have relied on financial accounting to track their state's assets and guide its policies. Basic accounting tools such as auditing and double-entry bookkeeping form the basis of modern capitalism and the nation-state. Yet our appreciation for accounting and its formative role throughout history remains minimal at best-and we remain ignorant at our peril. The 2008 financial crisis is only the most recent example of how poor or risky practices can shake, and even bring down, entire societies. In The Reckoning, historian and MacArthur "Genius" Award-winner Jacob Soll presents a sweeping history of accounting, drawing on a wealth of examples from over a millennia of human history to reveal how accounting has shaped kingdoms, empires, and entire civilizations. The Medici family of 15th century Florence used the double-entry method to win the loyalty of their clients, but eventually began to misrepresent their accounts, ultimately contributing to the economic decline of the Florentine state itself. In the 17th and 18th centuries, European rulers shunned honest accounting, understanding that accurate bookkeeping would constrain their spending and throw their legitimacy into question. And in fact, when King Louis XVI's director of finances published the crown's accounts in 1781, his revelations provoked a public outcry that helped to fuel the French Revolution. When transparent accounting finally took hold in the 19th Century, the practice helped England establish a global empire. But both inept and willfully misused accounting persist, as the catastrophic Stock Market Crash of 1929 and the Great Recession of 2008 have made all too clear. A masterwork of economic and political history, and a radically new perspective on the recent past, The Reckoning compels us to see how accounting is an essential instrument of great institutions and nations-and one that, in our increasingly transparent and interconnected world, has never been more vital.

More Books:

The Reckoning
Language: en
Pages: 413
Authors: Charles Nicholl
Categories: History
Type: BOOK - Published: 1995-07-15 - Publisher: University of Chicago Press

In 1593 the brilliant but controversial young playwright Christopher Marlowe was stabbed to death in a Deptford lodging house. The circumstances were shady. Nicholls penetrates four centuries of obscurity to reveal a complex story of entrapment and betrayal. Winner of the Crime Writer's Gold Dagger Award for a nonfiction thriller.
The Reckoning
Language: en
Pages: 312
Authors: Jacob Soll
Categories: History
Type: BOOK - Published: 2014-04-29 - Publisher: Hachette UK

Whether building a road or fighting a war, leaders from ancient Mesopotamia to the present have relied on financial accounting to track their state's assets and guide its policies. Basic accounting tools such as auditing and double-entry bookkeeping form the basis of modern capitalism and the nation-state. Yet our appreciation
Untitled #25
Language: en
Pages: 368
Authors: John Grisham
Categories: Fiction
Type: BOOK - Published: 2018-10-23 - Publisher: Doubleday

John Grisham returns to Clanton, Mississippi, to tell the story of an unthinkable murder, the bizarre trial that follows it, and its profound and lasting effect on the people of Ford County. Pete Banning was Clanton's favorite son, a returning war hero, the patriarch of a prominent family, a farmer,
The Reckoning
Language: en
Pages: 384
Authors: Jane Casey
Categories: Fiction
Type: BOOK - Published: 2012-05-22 - Publisher: Minotaur Books

To the public, he's a hero: a brutal killer who targets sex offenders. To most of London's police force, he's the suspect in a gruesome, time-consuming case to be avoided. But to Detective Constable Maeve Kerrigan, he's a murderer—no matter the sins of his victims—and catching him is her job.
Bede, The Reckoning of Time
Language: en
Pages: 479
Authors: Saint Bede (the Venerable), Faith Wallis
Categories: History
Type: BOOK - Published: 1999-01-01 - Publisher: Liverpool University Press

From the patristic age until the Gregorian calendar reform of 1582, computus -- the science of time reckoning and art of calendar construction -- was a matter of intense concern. Bede's The Reckoning of Time (De temporum ratione) was the first comprehensive treatise on this subject and the model and

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