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Who is known as the father of Accountancy?  

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The father of accountancy is widely considered to be Luca Pacioli.

  • He was an Italian mathematician and Franciscan.
  • Pacioli is best known for writing the book "Summa de Arithmetica, Geometria, Proportioni et Proportionalita" (Summary of Arithmetic, Geometry, Proportions, and Proportionality), published in 1494.
  • This book contained a section called "Particularis de Computis et Scripturis" (Details of Calculation and Recording), which is considered the first published work on double-entry bookkeeping.

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