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A US Parent's purchase of a foreign subsidiary created additional accounting complexities. Identify some of the additional accounting issues that the parent now faces. How
A US Parent's purchase of a foreign subsidiary created additional accounting complexities. Identify some of the additional accounting issues that the parent now faces. How do these additional complexities potentially impact the quality of the accounting information for the parent? What internal controls can the parent implement to assure that the company is able to meet all information quality and disclosure requirements?
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