Bijoux Corporation is a multinational company operating in several parts of the globe.The companys headquarter is located in Paris , France. Most of the companys raw materials areprocured locally in France. A highly toxic cleaning agent called Zoe;

however, must be imported from abroad. Bijoux Corporation buys its nee ded quantity of Zoe from India. The management

plans to open a wholly owned subsidiary in Malaysia and start selling its products in South east Asian countries and China.

To finance the operation, Bijoux Corporation has just obtained approval for listing its stock in Frankfort Stock Exchange in Germany. Briefly discuss various accounting issues that Bijoux Corporation might face in the situation described.