Enterprise
Because the one proprietor is personally responsible for debts and obligations incurred in connection with the enterprise, no particular rules are wanted to protect its creditors beyond the strange provisions of chapter legislation. Accounting is the measurement, processing, and communication of economic information about economic entities similar to businesses and corporations. The trendy subject was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of enterprise", measures the results of an organization's financial activities and conveys this data to a variety of users, together with buyers, creditors, administration, and regulators. The phrases "accounting" and "monetary reporting" are sometimes used as synonyms. Some businesses are subject to ongoing special regulation, for example, public utilities, investment securities, banking, insurance, broadcasting, aviation, and well being care...