Planet Money Summer School cover image

MBA 3: Accounting and the Last Supper

Planet Money Summer School

00:00

The Accounting Equation

Double entry bookkeeping is used to keep track of businesses and countries. Luca Petroli, the father of accounting, was in Venice when he wrote a book about it. He happened to have access to the printing press; even in the 1500s, it went viral. We are going to learn the nitty gritty of the double entry bookkeeping process with our professor Emel Shahada.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app