Historical development of accounting requirements
Multidimensional Accounting

Historically, the first accounting systems were linked to the need for a simple count of goods held in stock. Accounting was asked to provide simple information such as: how many jars of oil, how many sacks of wheat grain, are there in the warehouses?

These assets belong to the "master of the domain" (Pharaoh, Inca, feudal lord, etc.), who combines economic and political power. Accounting became confused with arithmetic, and there was no need to manage financial "counterparts", since everything belonged to the holder of absolute power. The first accounting systems were therefore "part-simple" systems, based on simple "counting" in the literal sense.

The history of the origins of accounting...