37000698
Description
Mind Map by Darling Pineda, updated more than 1 year ago
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Created by Darling Pineda
over 2 years ago
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Professional
Accountancy Travels
Across the Globe
- George Watson (1645-1723),
one of the early
accountants.
- England prospered thanks to the
Industrial Revolution, being the
main producer worldwide,
obtaining a demand for meters.
- In 1880 the Institute of Chartered
Accountants in England and Wales was
formed. This institute had 587
registered members.
- In the late 1800s, large amounts of
British capital were flowing to the
rapidly growing industries in the United
States.
- Scottish and British accountants
traveled to the United State to audit
the investments,some settled down set
up practice in America.
- In 1887, the first national accounting
society was formed - the American
Association of Public Accountants,
predecessor to the American
Institute of Certified Public
Accountants.
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