Accounting has a thousand-year history. The earliest accounting records date back more than 7,000 years and were found in Mesopotamia. People of that time used primitive accounting methods. Over the centuries, accounting has developed and improved with the development of economic activity.

The first accounting book, „Summa de arithmetica, geometrica, proportioni et proportionalita“, was written by Luca Pacioli in the 15th century.

In the 19th century, four centuries later, accounting entered Bulgaria through the Dubrovnik and Constantinople schools. At that time, the first Bulgarian book – „Diplography, or how to keep commercial books“ on accounting compiled by the brothers Stoyan and Hristo Karaminkovi was published in 1850 in Constantinople.

Accounting is metaphorically called the „Language of business“, as it systematizes, summarizes and provides extremely important information about the property and financial status of each business entity, which is used by a wide range of users: government, investors, creditors and counterparties for making management decisions. The emblem of the accountants is an oval, in the center of which is a sun /interpreted as financial accounting, and in places also as economic activity/, the scales /balance/, the Bernoulli curve /symbolizes that accounting will always exist/ and the inscription is the motto: „Science, conscience, independence“.