Membership categories in The International Organization of Securities Commissions (IOSCO)

The International Organization of Securities Commissions (IOSCO) was created in 1983 with the decision to change from an inter-American regional association (created in 1974) into a global cooperative body. Eleven securities regulatory agencies from North and South America took this Read More …

What is Double Entry System? its Merits and Limitations

Luca Pacioli the Italian mathematician

Double entry system of accounting is more than 500 years old. In 1494, an Italian mathematician Luca Pacioli published Summa de Arithmetica, Geometria, Proportioni, et Proportionalita (“Everything about Arithmetic Geometry and proportions”). This is the first book that described a Read More …