What is the contribution of accounting to civilization?

Question

Define answers beginning from early age to present

Answer 1

For investors, a big contribution now is that accounting provides a level basis for comparing companies to one another to help identify strong and poor performers.  CPAs contribute by providing assurance that businesses have reported their activity in a way that allows those comparisons.

Internally, accounting provides management with the tools that help them identify problems so they can help their businesses run better.