Financial system, Finance & ASX Market NewsJanuary 22, 2018
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Accounting is the measurement, processing and communication of financial information about financial entities 15 16 reminiscent of companies and companies The trendy field was established by the Italian mathematician Luca Pacioli in 1494. 17 Accounting, which has been called the “language of enterprise”, 18 measures the results of an organization’s financial actions and conveys this data to quite a lot of customers, including investors , creditors , administration , and regulators 19 Practitioners of accounting are often known as accountants The terms “accounting” and “monetary reporting” are sometimes used as synonyms.
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