Coursera For Enterprise
Because the one owner is personally responsible for debts and obligations incurred in reference to the business, no special rules are needed to protect its creditors beyond the odd provisions of bankruptcy regulation. Accounting is the measurement, processing, and communication of financial details about financial entities such as businesses and corporations. The trendy subject was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been referred to as the "language of enterprise", measures the results of an organization's financial activities and conveys this info to a big selection of users, together with investors, collectors, administration, and regulators. The terms "accounting" and "monetary reporting" are often used as synonyms. Many companies are operated through a separate entity such as a corporation or a partnership . Most legal jurisdictions allow people to organize such an entity by submitting sure const