Why
do international business managers need to be sensitive to account and
financial reporting...

Question

Why
do international business managers need to be sensitive to account and
financial reporting regulations in your country?
This
is a 4 to 5 paragraph essay. There are country differences. Cite the text
(once) and perform research, including about your country. Due to the length
and requirement to critically think about why it is very important that very
little of the content be reporting what others have said in quote or
paraphrase.

David · Accepted Answer

Why do international business managers need to be sensitive to account 
and financial reporting regulations in your country? 
 
The reason is because different countries employ different accounting procedures and 
methodology and because of which there lies significant difference in the bottom-line and 
the top line and also the tax liability changes accordingly. Hence, the business must give 
importance to all these concepts. For Ex;- Many countries employ IFRS whereas some 
employs GAAP procedure and there lies a significant difference between the two. Some of 
differences are as follows:

Why do international business managers need to be sensitive to account and financial reporting regulations in your country? This is a 4 to 5 paragraph essay. There are country differences. Cite the...

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