Enterprise News
Because the single owner is personally responsible for money owed and obligations incurred in reference to the enterprise, no particular rules are needed to protect its creditors beyond the strange provisions of chapter law. Accounting is the measurement, processing, and communication of economic details about economic entities corresponding to companies and corporations. The fashionable area was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been known as the "language of enterprise", measures the results of a corporation's financial actions and conveys this info to a wide selection of users, together with investors, collectors, management, and regulators. The phrases "accounting" and "financial reporting" are sometimes used as synonyms. The definition of a parent company differs by jurisdiction, with the definition normally being outlined by means of laws dealing with corporations in that jurisdiction. The com