Business
Because the only proprietor is personally responsible for debts and obligations incurred in reference to the enterprise, no special rules are wanted to guard its collectors past the strange provisions of bankruptcy law. Accounting is the measurement, processing, and communication of economic information about economic entities such as businesses and corporations. The fashionable field was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been referred to as the "language of business", measures the results of a company's economic actions and conveys this data to a wide selection of users, including investors, collectors, administration, and regulators. The terms "accounting" and "financial reporting" are often used as synonyms. Laws can govern the therapy of labour and worker relations, worker protection and safety, discrimination on the basis of age, gender, disability, race, and in some jurisdictions, sexual orie