Explain the implications of variances in international tax laws on organizational strategy. You will also explain how foreign currency transactions impact financial statement creation in accordance with GAAP.

A. Explain how foreign currency exchange rates will impact the income potential or financial risk of the company given their expansion into the global market.

1. What will this mean for the income and risk of the company?

2. How will foreign currency exchange rates impact financial statements?

B. Make recommendations for tools or strategies the company could use to help mitigate these risks.

If possible, please provide answer using Microsoft Power Pont 7-9 slides