Can anyone give a brief answer to what are the three milestones in the history of accounting development?

1. The first milestone: The emergence of double-entry bookkeeping in 1494 was an important milestone in the history of accounting development. From then on, accounting began to go down in history as a truly complete and systematic science.

2. The second milestone: The emergence of the "Chartered" or "Certified" Accountants Association due to the "Incorporated Company" is the second milestone in the history of accounting development.

3. The third milestone: The birth of management accounting can be said to be the third milestone in the history of accounting development.

Development stages Development stages of accounting: 1. Ancient accounting: The occurrence of human original measurement and recording behavior is based on the occurrence and development of human production behavior as the fundamental premise. It is the product of social development to a certain stage.

Ancient accounting, in terms of time, refers to the long period from the middle and late Paleolithic Age to the end of feudal society.

From the perspective of the main technical methods used in accounting, they mainly involve the original measurement recording method, the single-entry accounting method and the double-entry accounting method in the initial period.

During this period, the measurement, recording, analysis and other work performed by the accounting office were initially mixed with other calculation work. After a long development process, it gradually formed a method system with its own characteristics and became an independent management system.

Work.

2. Modern accounting: It is generally believed that the transition from single-entry accounting to double-entry accounting is a sign of the formation of modern accounting.

The time span of modern accounting is generally considered to start from the publication of the book "Summary of Arithmetic, Geometry, and Proportion" by Italian mathematician and accountant Luca Pacioli in 1494, until the end of the 1940s.

During this period, there were two major developments in accounting methods, technology and content. One was the continuous improvement and promotion of double-entry accounting, and the other was the emergence and rapid development of cost accounting, which then became an important foundation for the management accounting branch of accounting.

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In the modern accounting stage, there are two important moments, which are called two milestones in the history of modern accounting development: one is the emergence of double-entry accounting books, and the other is the establishment of the world's first accountants association - the Edinburgh Institute of Accountants.

3. Modern accounting: Modern accounting is a product of commodity economy.

In the 14th and 15th centuries, the rapid development of European capitalist commodity and currency economy promoted the development of accounting.

Its main signs are: first, the use of monetary measurement for value accounting; second, the widespread use of double-entry accounting, thus forming the basic characteristics and development cornerstone of modern accounting.

Since the 20th century, especially after the end of the Second World War, the degree of socialization of capitalist production has been unprecedentedly developed. The development of modern science and technology and economic management science has advanced by leaps and bounds. Affected by the social, political, economic and technological environment, traditional

The financial accounting work has been continuously enriched and improved, and the financial accounting work has become more standardized, universal and normalized.