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The Early Practice of Analytical Balances Formation in F. Datini’s Companies in Avignon

  • Marina GurskayaEmail author
  • Mikhail Kuter
  • Dmitriy Aleinikov
Conference paper
Part of the Lecture Notes in Networks and Systems book series (LNNS, volume 78)

Abstract

The paper considers the procedure for calculation and distribution of financial result, based on the use of a static model, which is based on inventory and valuation of assets, cash, accounts receivable and payable, as well as invested and reinvested capital. This experience took place in Francesco Datini’s companies in Avignon from 1366 to 1410. The information base used in the paper is oriented on the period of 1408–1409. This study was conducted using modern digital technologies. The use of the method of logical-analytical reconstruction allows the use of digitized archival sources in the formation of modern models of medieval accounting systems.

Keywords

Datini’s archives Companies in Avignon Static model of accounting Inventory and valuation Financial result 

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Kuban State UniversityKrasnodarRussia

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