Question

Describe the complexities stemming from U. S.-based companies operating in an international environment.

Answer 1

Answer:

we can discuss the main complexities stemming from U. S.-based companies operating in an international environment.

Company has risk associated to settle its accounts in different currency from the U. S. dollars.

Such company have complexities for translation of the financial statements prepared with foreign currency.

Every country has different accounting standered so these company has to face the differences in particular nation's accounting standards.

Such U. S.-based companies operating in an international environment may have complexities for

• Social differences
• language differences
• legal differences
• Taxation differences
• Cultural differences