What is the history of the field of Accounting?

What led to the upcoming of a new branch of study called Accounting? How was the process of its evolution?

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The history of accounting or accountancy is thousands of years old and can be traced to ancient civilizations. ... The Italian Luca Pacioli, recognized as The Father of accounting and bookkeeping was the first person to publish a work on double-entry bookkeeping, and introduced the field in Italy.

Accounting

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