Summary of jane gleeson-white's double entry

Please note: This is a companion version & not the original book. Sample Book Insights: #1 The Gross National Product, a measure of national wealth, does not take into account the health of our children, the quality of their education, or the joy of their play. It does not include the beauty of our poetry or the integrity of our public officials. #2 The balance sheet, income statement, cash-flow statement and statement of retained earnings are the tools by which corporate transparency is guaranteed for shareholders, the market, and the public. But they cannot be trusted to convey the true state of a business. #3 I wrote this book to examine the material foundations of the Renaissance, and how these foundations led to the great art that we admire today. I found that the wealth of Renaissance Italy was underpinned by a new method of bookkeeping, and that this bookkeeping was developed by the merchants of Venice.