Business studies an important lesson

Sir, – A recent press report says that the Scottish education system is being revised because it is not up to standard.

Kelvinside Academy in Glasgow says 77% of parents claim that schools do not prepare children for the jobs market. Skills to become experts, innovators and entrepreneurs are not provided.

I remember that in my academy days the subjects were arithmetic, maths, science, Latin, French, history, cooking, some music and Bible study.

There was no study of business and entrepreneurship, no preparation for seeking a job or about the cost of living. We need to recognise that historically, business teaching started in the 1400s when

Luca Pacioli, an Italian mathematician and a collaborator with Leonardo da Vinci, was an early contributor to the field of accounting.

He developed and taught a pedagogic (pupil and student-centred) style, with very effective methods and results. His book-keeping system was adopted by the businesses of that time. He would be considered revolutionary, even today. He is referred to as the father of accounting and book-keeping.

The 18th Century potter Josiah Wedgwood used Pacioli’s book-keeping system to save his failing business during a recession. Wedgwood is regarded as the first cost accountant.

Having researched that there is a large demand for business and entreprenurial education opportunities, both by students and their tutors, two Scottish businessmen are creating software to supply Scottish education with the Pacioli concept at a time when it is desperately needed.

Sandy Neish, Inverurie.