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Essentially the most powerful products for enterprise are the ones folks already love to use. Accounting is the measurement, processing and communication of economic details about economic entities 15 sixteen similar to businesses and companies The modern discipline was established by the Italian mathematician Luca Pacioli in 1494. 17 Accounting, which has been referred to as the “language of enterprise”, 18 measures the results of an organization’s financial activities and conveys this information to a variety of customers, together with buyers , collectors , management , and regulators 19 Practitioners of accounting are generally known as accountants The terms “accounting” and “monetary reporting” are often used as synonyms.
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