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Multigroup, a pharmaceuticals MNE based in Switzerland, decided to prepare consolidated financial statements for the first time. As there were no Swiss legal requirements regarding

Multigroup, a pharmaceuticals MNE based in Switzerland, decided to prepare consolidated financial statements for the first time. As there were no Swiss legal requirements regarding consolidation, Multigroup had to decide what accounting principles to use for its subsidiaries, joint ventures, and associates around the world. Multigroup

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