Question
The company I chose is BMWInternational Accounting: What are the reporting, standards, and responsibilities to consider? B. Describe three factors that influence a countrys accounting
The company I chose is BMWInternational Accounting: What are the reporting, standards, and responsibilities to consider? B. Describe three factors that influence a countrys accounting and reporting system related to your chosen company. C. Identify key problems in consolidating MNCs that the investor should be aware of. Specifically, identify these by looking at the footnotes to the financial statements for the MNC you have chosen. II. Industry and Organization: What are the accounting issues related to the MNC and industry chosen? A. Describe the industry- and organization- specific issuessuch as trade, foreign exchange, and taxationin a foreign country your MNC operates in. B. Compare the capital and risk considerations of an investor in your MNC to a solely domestic company.
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