Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jean-Baptiste Colbert, Louis XIV's chief accountant, was instrumental in bringing back the financial glory of France after the Fronde (1648 - 1653). Colbert had instituted

Jean-Baptiste Colbert, Louis XIV's chief accountant, was instrumental in bringing back the financial glory of France after the Fronde (1648 - 1653).  Colbert had instituted a clear and complete accounting structure for Louis that provided Louis with the financial information he needed to run his kingdom - including pocket size account books.  Upon Colbert's sudden death in 1683, however, Louis chose not to replace Colbert or continue this formal accounting function.  Why was this the case and what were the implications for Louis and for France?

Step by Step Solution

3.45 Rating (155 Votes )

There are 3 Steps involved in it

Step: 1

The sudden death of JeanBaptiste Colbert in 1683 was a significant loss for Louis XIV and France as ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

More Books

Students also viewed these Accounting questions