International Finance And Accounting Handbook

Financial people know in their bones that their profession goes back a long way. Its frequent association with “the world’s oldest profession” may simply be because it is almost as old. After all, the essential technology of finance is simple, requiring little more than arithmetic and minimal literacy, and the environment in which it applies is universal—that is, any situation that involves money, property, or credit, all of which are commodities that have been in demand since humankind’s earliest days.