Accounting and the Bible
In the business world accounting is an information and measurement system that identifies, records, and communicates relevant, reliable, and comparable information about an organization’s business activities. (Wild, Shaw, & Chiappetta, 2013) Accounting is also used to determine an organizations overall wealth, probability and liquidity. It is also a tool that is used as the foundation of the daily and long term decisions. In the Bible God uses an accounting system as well. In Genesis 15:6 it says And Abram believed in the Lord, and the Lord accounted in to him for righteousness. God accounts faith for righteousness in man and he added up everything that Abram’s belief meant to him and made the determination that it was equal to righteousness. (Bible Gateway, 2014)
The Bible and accounting are also related in the sense that Luca Pacioli is known as the father of accounting and he wanted to align accounting with truth and believes that accounting should be a work of truth and not fiction and the bible is the word of truth as stated in 1 John 3:18 Little Children, let us not love in word or talk but in deed and in truth. (Bible Gateway, 2014) The accounting system shows the truth of the finances within a business just as the bible shows the truth in what God has done for us and how much he loves us and what we should do to walk with Christ. The Bible and the accounting system are transparencies into the truth of the financial world and the biblical world as well as guidelines on how to perform in those worlds.
Another way to show that the Bible and accounting are related is through the Book of Proverbs when it states in Proverbs 27:23 Be sure you know the condition of your flocks, give careful attention to your herds. This means that it makes perfect sense to transform your knowledge into a system of monitoring it such as accounting in the business world. When you know the condition of your finances then you have a better chance of...