In 1989 Alon Cohen and Lior Haramaty invented the primary Voice over IP audio transceiver. Typically speaking, shareholders in a corporation, limited partners in a limited partnership, and members in a restricted liability firm are shielded from private liability for the money owed and obligations of the entity, which is legally treated as a separate “particular person”.
17 Accounting, which has been known as the “language of business”, 18 measures the results of a corporation’s economic actions and conveys this information to a variety of customers, including buyers , creditors , administration , and regulators 19 Practitioners of accounting are known as accountants The terms “accounting” and “financial reporting” are often used as synonyms.
Key ideas and functions embody: time worth of money, threat-return tradeoff, value of capital, interest rates, retirement savings, mortgage financing, auto leasing, capital budgeting, asset valuation, discounted money circulate (DCF) analysis, internet present worth, …