You have been hired by a regional CPA firm based in Shelton, Connecticut. The firm has been appointed as the auditors of a German company with branches in Europe, Africa, South America, North America, and Asia. The firm was pleased to know that you took an International Accounting class during Spring Semester 2020, while you were in college. You have been asked to compose a Memorandum to Mr. Juan Hernandez, the Managing Partner of the firm, outlining and discussing at least five topics where this international auditing engagement will be different from the regular audits of US domestic companies the firm is used to.