Part B Cassie is an Australian company and growing very fast. The Board of Directors expressed the interest to acquire another business in India. The Board of Directors is concerned about some obstacles to acquire a business overseas. From financial accounting perspective, the Board raised the following question: "What are some possible impediments to acquire a business internationally, any possible plans/solutions to overcome those impediments? After a meeting with your supervisor, you were requested to prepare response/suggestions to the above question. You may make reference to relevant paragraphs of International Financial Reporting Standards, Conceptual Framework and to other sources of material