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Accounting In An English Medieval Abbey, George F. Malecek

Accounting Historians Notebook

Let us consider the accounting problems for an abbey, a monastery, one of the prominent social institutions of the middle ages, a center for many activities: religious, social, cultural and economic. More specifically, let us center on the activities of a relatively large abbey near the coast of southern England, Beaulieu Abbey in the year 1269. The activities of this abbey would not seem strange to some of our modern rancher-oilman-financier entrepreneurs of South Texas. The modern rancher-farmer may have, in addition to his agricultural activities, some oil and/or gas interests, some financial interest in the local bank, etc. Most …