Time and accounting in the Middle Ages: An Italian-based analysis

Autor:	Stefano Adamo, David Alexander, Roberta Fasiello
Přispěvatelé:	Adamo, Stefano, Alexander, David, Fasiello, Roberta
Rok vydání:	2019
Předmět:	History 060106 history of social sciences business.industry 05 social sciences Accounting 050201 accounting 06 humanities and the arts Work (electrical) 0502 economics and business 0601 history and archaeology Middle Ages medieval companies merchant periodic accounts time business
Zdroj:	Accounting History. 25:53-68
ISSN:	1749-3374 1032-3732
DOI:	10.1177/1032373219833140
Popis:	This work is focused on an issue scarcely examined in the literature, concerning the analysis of the relationship existing between time and accounting practice. The aim is to highlight how changes in the interpretation of the concept of time influenced the development of accounting practices and contributed to the rise of periodical accounting reporting from the beginning of the thirteenth century to the end of the fifteenth century. The socio-economic context existing in Italy in the Middle Ages, the development of commercial partnerships among merchants ( compagnie) and the international trade created the conditions for the development of periodical reporting. The relevance assigned to time in economic activity is one of the crucial factors of the rise of accounting information related to recurring accounting periods. Furthermore, the article shows how the concept of time is important and its significance widely underestimated, in a variety of further applications.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3ffc823724b22cfc8a27687bd4e79ba8 https://doi.org/10.1177/1032373219833140 Zobrazit plný text záznamu