Accounting knowledge

INTRODUCTION

The importance of Public Accounting in recent years has been increasing, this due to how useful financial information has become when making important decision-making for any entity. The aforementioned gives way to Accounting Knowledge, which is very useful since it allows us to know widely what the origin of our profession is, as well as how its historical and commercial evolution within society has been.

The main objective of this work is to analyze Accounting from its different points of view, which it has had to go through over the years, that is, from its empirical beginnings to be considered as a branch within scientific procedures. The important thing is to determine what are the different factors that occurred in their environment, and that allowed the evolution and rise of accounting, and that only with their techniques, arts and knowledge were they able to establish themselves in the economic environment as a fundamental tool for its evolution and registration.

CONTENT

Accounting Knowledge has had its evolution for a long time, and this is due to the rise and commitment that all its promoters and scholars have had in this fruitful branch within Accounting Sciences such as Public Accounting. When we investigate the evolution of Accounting we find that its first steps are framed within the empirical principles, this does not mean that accounting was brought to the eye by percent, but that, although it seemed of little social importance, it began to To be taken seriously because it served as a kind of reminder for those people who needed to memorize transactions both in the present, past and future.

Later, over the years, the technical part joins the Accounting Office, where it plays a leading role, allowing it to carry out different projections together with the investigation of the different accounting situations presented. Art is present and some nuances of science, but, for a much lower percentage and it is not given adequate importance because it is linked to the empirical part and managed by people with low academic level according to the wise men or scholars for that time.

Taking into consideration that our article is mainly based on accounting knowledge, it is good to highlight that the scientific part becomes the initial topic when experiencing a conversation. If we review some authors, we can find that the meaning of science is framed as the part of the whole of human knowledge whose elements are ordered and systematized knowledge with the common characteristic of pursuing the rational and objective understanding of a part of the universe that is reality.

Based on the definition described above, it can be stated that accounting is that empirical economic science that pursues, through a specific and validated methodology, the rational and objective knowledge of the present, past and future of a parcel of reality that is economic., in quantitative and qualitative terms, preparing useful information for decision-making in the financial, provisional and control order of the economic entities that use it. All accounting knowledge, in this case study, must have revision as its main characteristic, as well as improvement, investigation and interpretation. They must be based on scientific branches that allow further clarification of their behavior within accounting.

If we investigate accounting in its scientific phase, we can find that it is based or founded on two branches: Micro-accounting and Macro-accounting, both study and collect relevant information when executing them, but it is not enough to know the operation of In these branches, it is also necessary to deepen, study, and review these accounting phases, with the intention of increasing their importance and usefulness within Public Accounting.

Looking at it from this point of view, Accounting Knowledge seeks to ensure that accounting students prepare the way to enhance their own profession, and the way to start is to rely on both its scientific branches and the techniques used and taking advantage of technology that passing the years is presented as an ideal tool for accounting management.

If we manage to frame each of the ideas indicated above, we could divide the Accounting Knowledge into three stages: a first one based on the organization and development of the land where you must work, as a second stage we can highlight the infinity of innovations which tirelessly force the profession to more solidly render the services provided and, finally or thirdly, the constructive criticism of course framed towards improving efforts and maintaining unity in terms of its standards and services.

If we take into account that Public Accounting is a relatively young profession, but that it has been strengthening over the years, we find that thanks to that we owe it to the different people who have carefully studied its evolution, and to highlight So important fact below we will detail the development and profile of this story in order to further enrich our accounting knowledge. For this study we will take Mexico as the base, which is known as the promoter of this profession and where its collegial evolution practically began.

Many people wonder what is the historical importance that is spoken of Public Accounting, or that accounting could serve in the past, and we find that from the economic, political and social point of view phenomena occurred that enhanced and marked a withering, facts and negotiations that made history and all that thanks to the accounting entry that was always present as a way to remember and formalize any monetary or transaction agreement.

When we get into accounting activity, we practically go back to the urgent need to record transactions in terms of money that would allow to strengthen negotiations and strengthen the market, barter or exchange is replaced in the first instance by accounting records, which It shows an advance in the market because you were not forced to choose merchandise that was possibly unnecessary, but if you could trade other securities or register that the transaction would be completed in another way, with the intention of equaling your earnings.

To all this the accounting was taking force and began to be indispensable in business and at the same time it was a way to socially interrelate between the different negotiators. This led to the appearance of new units of measurement, as well as new records using the stake as the first accounting instrument for records, giving way to the first primitive entries and empirically innovating conventional systems of records.

Subsequent to all this, urbanity and the social commercial sense began, motivating that accounting was seen as a branch within the Social Sciences that was capable of controlling all the financial transactions of a business, as well as proper management of all their assets becoming a fundamental tool when making decisions for owners or senior management.

To have a clearer vision in relation to the evolution that the Public Accounting has had and with the Accounting Knowledge, we bring a series of dates that are really important and significant and that actually framed all this financial phenomenon, progressively enhancing its importance within this great complex world of commerce. As the first historical date we have that the period between 2206 to 2256 BC there are traces of operations records.

In some countries, such as China, they developed these techniques and words equivalent to Accounting, Auditing and Financial Reports began to appear. Between the years 476 1453 AD the evolution of the simple game begins among the different merchants of the time.

Already in the years 1453 to 1789 the printing press was born and it became the first ally of accounting, where Mr. Luca Paccioli published in the year of 1494 his first accounting treaty, where that basic condition is born within the accounting as is the Double Game ”.

Then between the years 1519 and 1581 different appointments of people linked directly to accounting occur and it is these people who begin to enhance this profession. Among the most important personalities we can mention for example Alfonso Avila who was the first Official Accountant of Mexico City, as well as Mr. Rodrigo de Albornoz who was appointed Royal Accountant of New Spain, and as well as the first foundation in the City from Venice of the first group of Accountants.

In short, an endless number of events between these dates that framed the official course of the Public Accounting, and that in some way served as the basis for the construction of such an important profession that today is a fundamental pillar for the commercial transactions of a country.

Continuing on our walk through history, between the years 1845 and 1896 several significant events occurred, among which we can name: the establishment of the first Mercantile school, as well as the foundation of the Special School of Commerce, both in Mexico City. Also in Scotland a society of Accountants is created and in England and Wales the Higher School of Commerce and Administration is established. A relevant event between these years was in the year 1887 where in the USA, the American Association of Public Accountants was created, a fundamental pillar in our days when it comes to reviewing any standard or procedure which is not framed in our Venezuelan Accounting standards. Public.

Between the years 1904 and 1922 specific events occur such as: the celebration of the first International Congress of Public Accountants, the university establishment of a career in Commerce and the establishment of the first accounting firm called Price Waterhouse, all of course in the City from Mexico.

The first exam for professionals in Public Accounting is also held in that city, highlighting several professors who study this subject. It is good to point out that from this exam, a very promising young man from the Public Accounting stands out, such as Fernando Diez Barroso, who was ultimately included together with Santiago Flores and David Thierry, his maximum disciples, important members of the New Commission Mexican Institute of Public Accountants when the previous Institute was repealed.

That character, such as Fernando Diez Barroso, wrote two important works expressing for all those studious and contemporary people his accounting experiences, fruit of his experience over the years as a student, teacher and professional. His two works are called Modern Accounting Systems (1924) and Compound Interest and Annuities (1927).

Changing scope it seems incredible that in the First World War the accounting took a significant boom due to the financial information that was handled at the time. Step by step the accounting is taking greater strength and integrity to such an extent that in 1917 the first code of ethics for Public Accountants in Mexico begins to be established.

Once elaborated, it constituted a historical fact since there would be fundamental rules based on all those experiences lived over the years and that would allow Public Accountants to move under the protection of a code that was capable of ensuring their functions.

Between the years 1929 and 1970, events occurred that were more significant because the Accounting began to be taken more seriously by those who once did not trust it. School, Institutions continue to be created and the University level is enlarged in such a way that the minimum approval requirements are more demanding. Something that revolutionized this practice was in the year of 1946 where the electronic computer appeared and three years later the first commercial computer (UNIVAC) appeared, and it was in that same year when the first college of Public Accountants in Mexico was established.

After this great event, they begin to demand at least an approved Baccalaureate in order to study Higher Education in Public Accounting. Then a series and innumerable accountant commissions are created, which allow increasing the importance of accounting in the commercial - financial field.

In short, from these dates until today, we can see and affirm the significant rise that Accounting and Accounting Knowledge has had in our society. It only remains for us students of this profession to do our part to continue in that wave, both investigative and propelling that accounting has its privileges in science, but as it is explained that Accounting is based on scientific branches.

CONCLUSION

Today's society is characterized by openly needing information. The countries that are socially and economically more advanced, base their social organization on the large amount of information that the technological process makes available to them at all levels (scientific, military, political, etc,…). This is why we conclude that Public Accounting, always based on Accounting Knowledge, is of utmost importance because it allows us in a certain way to keep ourselves in constant investigation with the sole purpose of being able to give information in the most objective and timely manner possible.

It is good to highlight that, in order to reach that interpretive level of Accounting, it is good to study all those components that help in one way or another to organize in a logical way all those knowledge that allow the development of Accounting Knowledge, obtaining the appropriate methodologies for the information management. To achieve this logical form, it is essential to know the evolution of the Accounting from its beginnings to the present day, and in this way we will have a clearer and more precise idea of what we want to achieve to obtain favorable results that enhance our profession.