I was just musing: Modern Day DOUBLE ENTRY SYSTEM OF BOOK KEEPING, which has been around for close to 600+ years now, courtesy An Italian Monk: Louis Pacioli who pioneered it.
The art went on to establish The Science of Accounting & led to A Body of Knowledge:
TRANSACTIONAL, ASSURANCE, AUDITING, TAXATION, MANAGEMENT ACCOUNTING & REPORTING & COMPLIANCE & so on....
Industry of All Types relies on the bed rock fulcrum of DOUBLE ENTRY SYSTEM i.e. DEBIT & CREDIT.
The System helps to catch Fraud.
LALIT MODI is an International Wheeler Dealer of Indian Origins currently in the UK. He is a Weasel, slippery as an eel.
He is The Benefactor of The RSS & BJP for Money Laundering. In other words you could also refer to him as India's own type of a 'Julian Assange / Edward Snowden & a Scum Bag' rolled into one.
The Indian Congress Party is known to be a Corrupt Party.
However, The RSS & BJP have managed to redefine Corruption enabling one to ask the Question: 'Well which Political Party is Not Corrupt in India? BJP managed to Patent Corruption with its Own Gold Standard of sorts these recent days, courtesy their Avatar: LALIT MODI.
I am sure once the Storms get quieter the INCORRIGIBLE HRD MINISTER: SMRITI IRANI will call the President of The Institute of Chartered Accountants of India (a Revered Autonomous Body) & tell him to revise the entire Syllabus of Accountancy to scrap teaching of DOUBLE ENTRY SYSTEM OF ACCOUNTING due to its Christian Origins & teach the 'bahi khata' Indian Traditional Single Entry System instead. Likewise the Principal of Sri Ram College of Commerce may also be told.
Smriti Reasons: it's easier to disguise corruption unlike the western influences of Double Entry System. Additionally who wants Double Entry when we have our own Single Entry system?
[Note: I wrote the above satire in jest wondering at the appalling twists & turns of Ache Din under MODI JI, The Yogi Bachelor Prime Minister. Not his namesake slippery as an eel former]