HISTORIA de la CONTABILIDAD 🤓👉 Resumen en 5 MINUTOS

Summary

In this video, Felipe explores the history of accounting, focusing on its evolution in Mexico. Starting from bartering to the modern era, the script covers the first known accounting book by Luca Pacioli in 1494. It outlines three developmental periods in Mexican accounting, from the 16th to the 19th century, the transition from Bilbao's Ordinances to the Mexican Commercial Code in 1890, and the modern era beginning in 1959 with international standards. The video concludes with the establishment of the Mexican Council for the Research and Development of Financial Information Standards (INIF), emphasizing the importance of standardized financial information for global economic decision-making.

Takeaways

• 📚 The history of accounting began with bartering and the necessity for record-keeping when transactions were not immediately settled in cash.
• 📖 The first known accounting book, 'Summa de Arithmetica, Geometria, Proportioni et Proportionalita', was published in 1494 by Luca Pacioli, introducing double-entry bookkeeping.
• 🌍 The discovery of America led to significant commercial development, particularly between Spain and its colonies, impacting the evolution of accounting practices.
• 📊 Accounting development in Mexico can be divided into three main periods: the 16th to late 19th century, the period from 1890 to 1959, and the modern era starting in 1959.
• 👑 The first period was largely influenced by the 'Ordenanzas de Bilbao', approved by King Philip V and King Ferdinand VII, which standardized accounting practices.
• 📜 The second period began with the issuance of the third Mexican Commercial Code during the presidency of Porfirio Díaz, replacing the 'Ordenanzas de Bilbao'.
• 👨‍🏫 Francisco de Padua Diez Barroso, father of public accountant Fernando Diez Barroso, emphasized the need for educational works to expand the knowledge of Mexican youth in commercial functions.
• 🌐 The modern era of Mexican accounting started in 1959 with the creation of the Accounting Principles Board in the United States and later the Mexican Accounting Standards Board in 1969.
• 📝 From June 1, 2004, the Mexican Accounting Standards Board ceased issuing accounting bulletins, leading to the establishment of the Mexican Council for the Research and Development of Financial Information Standards (INIF).
• 🔍 The INIF's role is to harmonize Mexican financial standards with international ones, ensuring that financial information is consistent worldwide for decision-making purposes.
• 🎬 The video concludes by inviting viewers to comment with any doubts, suggestions, or recommendations, and to follow the creator on social media for more content.

Q & A

What was the initial method of commercial transactions before the advent of accounting?

The initial method of commercial transactions was through a simple barter system, where transactions were not liquid at the moment of receiving or delivering the goods.

Who is Felipe and what is the purpose of the video he is presenting?

Felipe is the presenter of the video, and the purpose of the video is to explore the history of accounting, with a particular focus on Mexico's accounting history as requested by some subscribers.

When and where was the first known accounting book published?

The first known accounting book, titled 'Summa de Arithmetica, Geometria, Proportioni et Proportionalita', was published in 1494 in Venice, Italy.

Who developed the first known accounting book and what does the title mean in English?

The first known accounting book was developed by Luca Pacioli, and the title translates to 'Treatise on the Calculation of Accounts and Writings' in English.

What significant event in history influenced the development of commercial practices and accounting?

The discovery of America brought about an extraordinary commercial development, mainly between Spain and its colonies, which influenced the development of accounting practices.

What are the three developmental periods of accounting and financial information in Mexico as described in the script?

The three developmental periods are: 1) Accounting from the 16th century to the late 19th century, normed mainly by the Ordenanzas de Bilbao; 2) Development from 1890 to 1959, starting with the issuance of the third Mexican Commercial Code; 3) The modern era with international normativity starting in 1959 with the creation of the Accounting Principles Board in the USA.

Who approved the Ordenanzas de Bilbao and when were they approved?

The Ordenanzas de Bilbao were approved by King Philip V in 1737 and King Ferdinand VII in 1814.

What significant change occurred in Mexican accounting during the second developmental period?

During the second period, the third Mexican Commercial Code was issued, replacing the Ordenanzas de Bilbao, which had regulated commercial operations for a large part of the world at that time.

Who was Francisco de Padua Diez Barroso and what did he contribute to the development of accounting in Mexico?

Francisco de Padua Diez Barroso was the father of public accountant Fernando Diez Barroso. In his work, he indicated the arrival of a new era for the development of accounting and financial information in Mexico.

What is the role of the Consejo Mexicano para la Investigación y Desarrollo de las Normas de Información Financiera (CMIIF)?

The CMIIF's role is to homologate Mexican financial standards with those of the rest of the world, ensuring that the financial information produced is similar anywhere in the world.

What is the focus of financial accounting according to the video?

The focus of financial accounting is to capture, in a chronological manner through an internal control system, identifiable and quantifiable economic events carried out by an economic entity, which are then measured, classified, registered, and summarized clearly in the financial information produced for decision-making.