International transactions- Accounting Assignment

Internal code-MAS4367

Accounting Assignment

Question- Prepare a presentation answering following questions For the multi-national company allocated - 1. Explain what the business does (products, services); 2. Describe the international transactions (sales, purchases, financing, production) that occur for this business, and the major countries it trades in (contribution of individual country’s sales to total sales); 3. Explain the accounting standards adopted by the company and the stock exchange(s) in which its shares are traded. Has this company used IFRS standards within its annual report? Do the financial statements of the company fully comply with GAAP?; and 4. For transactions in a currency other than the presentation currency used by the company in its financial statements, how does the company handle its potential exposure to foreign currency risks?