The Western Zhou Dynasty (about 1046 BC to 77 BC1year) was an important period in the ancient history of China, where the country was politically stable and economically prosperous. During this period, with the progress of society and the increase of business activities, people began to realize the need for a method of recording financial information in order to better manage and monitor property.

In ancient China, especially in developed commercial areas, people began to use some simple symbols and signs to record trading and financial information. This early bookkeeping method can be regarded as the embryonic form of ancient "accounting". These records usually appear on bamboo slips, pottery pieces and other carriers, and are the main carriers of ancient accounting information.

In addition, in ancient China, especially in commercial cities, there were some institutions specializing in commercial transactions and finance, similar to modern accounting firms. The existence of these institutions also provided a foundation for the early development of the profession of "accounting".

During the Western Zhou Dynasty, with the further development of social economy, accounting activities became more and more complicated. People began to use more systematic methods to record financial information, including income, expenditure and liabilities. The appearance of this kind of record can be regarded as the initial formation of the ancient concept of "accounting".

It should be pointed out that although the word "accounting" may not have been formally used in the Western Zhou Dynasty, during this period, people began to carry out financial management and recording similar to accounting activities. Therefore, it can be said that the concept of "accounting" can be traced back to the Western Zhou Dynasty in ancient China.

Generally speaking, although the exact origin time of the word "accounting" is difficult to determine, the commercial activities and financial records in ancient China provided an important foundation for the formation of the accounting concept. The commercial prosperity and financial management activities in the Western Zhou Dynasty laid the foundation for the initial establishment of the ancient accounting system, which marked the gradual development of accounting activities from simple transaction records to a more systematic and complex financial management system.