Mon 03 Mar 2003
Luca - The Romance of Double-Entry Bookkeeping
Category : Commentary/luca.txt
I had been thinking about a name for an accounting system we had developed. While reading "Jamming" by John Kao, I came across Luca Pacioli, a lesser-known Renaissance figure who used the newly-invented printing press to popularise double-entry bookkeeping.
A quick search through Google turned up fascinating pieces about the man himself, The Romance of Double-Entry Bookkeeping, and a very interesting article called Accounting for Knowledge Management, from which I quote :
The task of the accounting profession, in relation to intangible assets and knowledge-based enterprise, is less about counting than it is about giving an account - telling the story of both tangible and intangible assets in meaningful ways, for both managers and markets.
"Telling the story of the figures in meaningful ways". So, Luca is it.