this book, Accounting Systems in Ancient India, prepared in accordance with the syllabus prescribed by Kavayitri Bahinabai Chaudhari North Maharashtra University (KBCNMU), Jalgaon, under the National Education Policy (NEP) 2020, with effect from the academic year 2026–27.
The objective of this book is to introduce students to the rich heritage of accounting practices that evolved in Ancient India within the framework of the Indian Knowledge System (IKS). By studying these indigenous practices, students can appreciate the historical foundations of accounting and understand their relevance to contemporary accounting principles.
The contents have been presented in a simple, systematic, and student-friendly manner. Every topic is explained with appropriate examples, photos, tables, and historical references to facilitate easy understanding.
The book is organized into three units. Unit I discusses the Foundations of Accounting in Ancient India, covering the historical evolution and basic concepts of accounting practices. Unit II focuses on Accounting Practices in Trade, Guilds, and Temples, explaining indigenous bookkeeping systems, trade documentation, guild accounting, temple accounting, and traditional financial instruments. Unit III explores the Ethical and Philosophical Dimensions of Accounting, highlighting the accounting principles and ethical values reflected in the Buddhist and Jain traditions.
Although primarily written for undergraduate students of Commerce and Management, this book will also serve as a valuable reference for postgraduate students, professional course learners, teachers, researchers, and anyone interested in the history of accounting and the Indian Knowledge System.