Coursera For Business
Because the only owner is personally liable for money owed and obligations incurred in connection with the business, no special rules are needed to protect its collectors beyond the ordinary provisions of bankruptcy law. Accounting is the measurement, processing, and communication of economic details about economic entities similar to businesses and corporations. The modern area was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of enterprise", measures the outcomes of an organization's economic activities and conveys this data to a variety of users, including investors, collectors, administration, and regulators. The phrases "accounting" and "monetary reporting" are often used as synonyms. The definition of a parent company differs by jurisdiction, with the definition usually being defined by the use of laws coping with corporations in that jurisdiction. The trade union, by way of its ...