Accounting history is essential to accounting pedagogy, policy and practice.

A good rationale for the relevance of history in pedagogy:

Appreciate the intellectual heritage Accounting thoughts, major contributors and crucial positive studies may be lost if theres no history Risk of empirical based investigations on incomplete/unjustified claims about the past

Relevance & Rationale

Provides clues and explanations for events that shaped the rise of double-entry bookkeeping and the development of modern accounting Increases the ability of people interested in the accounting discipline to make judgements on a broader and more informed basis

To relate the past to what is practiced and to what ought to be practiced

 To make a link between the historical state and both the positive and normative state
A link that supports the view within the context of social, political, economy, and temporal environments.