Designed to help the candidates appearing the Appendix 3, LDCE, 70% etc of Railway Accounts
'The Father of Accounting,' - Luca Pacioli, introduces the double-entry bookkeeping system with his publications.
Charles Xavier Thomas de Colmar invents the arithmometer, triggering the shift toward computations completed by machines.
The Institution of Accountants in Glasgow become the first official organization representing and regulating the accounting profession.
The Financial Accounting Standards Board (FASB) is established in the United States.
Enron's bankruptcy proved to be an audit failure in American history, bringing new regulations to the accounting profession.