The National School of Commerce – Plovdiv, together with the whole community of the accounting profession, marked International Accountants' Day on 10 November!
On this occasion, students from grades 11 and 12, led by Mr. Nikolay Nikolov, visited the academic community of the Faculty of Economics and Social Sciences at Plovdiv University “Paisii Hilendarski” and celebrated the day together with them. The students took part in a jointly organised lecture titled “The Renaissance Beginnings of Accounting”, given by Assoc. Prof. Dr. Yordanka Lyubetska, a doyenne of accounting theory and thought and of the history of accounting!
A journey through the history of accounting
Assoc. Prof. Lyubetska immersed us in the vast history of accounting thought and introduced us to the role and contribution of the father of accounting, Luca Pacioli, whose work “Summa de arithmetica, geometria, proportioni et proportionalita” (“Everything About Arithmetic, Geometry, Proportions and Proportionality”) laid the foundations of this science and practice and is still celebrated today!
The students were welcomed by the Dean of the Faculty of Economics and Social Sciences, Assoc. Prof. Dr. Margarita Ruseva. On this very day, the future accountants and economists devoted their time to understanding the logical and historical necessity of every element of the accounting method – from the system of accounts to double-entry bookkeeping and the balance-sheet summary of assets and capital.
