Socio-Economic Reasons of Not Passing Early to Muzaaf Method in the Ottoman

Abstract

The aim of this study is to examine the socio-economic reasons of why double-entry bookkeping method was started to be used by Ottoman Empire and other Turkish countries about four centuries later. During the examination, literature review was done regarding the economical and social situation of Ottoman Empire including the period between 16th and 20th centuries, and the findings were be classified and analyzed. As a result, the possible socio-economic reasons why double-entry bookkeeping method wasn't used earlier are explained.