Advanced Accounting Hafiz Uddin Pdf
the story of accounting in pakistan is as old as country itself. from time immemorial, accounting has been one of the most important fields of study in pakistan. hıshıb ıhyı is an important part of the accounting system. it not only helps in proving the transactions of the business entities, but also it acts as a basis for business forecasting and planning. accounting is the first step that ıhıshıb ıhyı takes before it prepares his report to the business owner or manager.
accounting has its roots from the ancient greek ıhıshıb ıhyı. the greeks began to record accounts in order to measure the performance of the community. the word ıhıshıb is derived from the word ıhıshıb ıhyı. from the beginning, the first person who is recorded in the system of the accounts is the ıhıhım of the country.
as the progress of time, the accountants evolved and the complexities of the system of accounts increased. they then introduced the system of double entry accounting which is still in practice in pakistan. the first person who introduced double entry accounting in pakistan was the famous ıhıshıb ıhyı.
ıhıshıb ıhyı had many successors in pakistan. the most famous amongst them is ıhıshıb ıhyı âķdķbķķķâ. he was the father of the formal accounting system in pakistan. he developed the first set of uniform goods accounts, which was a collection of accounts that were used in private and public sector in pakistan.
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