ppt acct 425

You are working for an organization that is interested in expanding operations internationally. You and your team have been selected to research and develop an implementation strategy to be presented to the Board of Directors.

For the presentation you will be using Microsoft Power Point. The following describes what information needs to be considered when planning your report.

· Legal implications

· Regulatory environment

· Rule of law and how business gets done

· Limiting the liability of the parent company

· Protection of intellectual property when used outside the U.S.

· Local labor laws REVE

· Banking requirements/regulations

·

· Foreign Currency

· Exchange rates and any conversion issues

· Cash management*

· Consideration: How does the cash get back home; repatriation of investment funds or of excess cash. Counties may limit how much can be taken out of the country; i.e., Brazil.

· Intercompany transactions

· Risk management and hedging

· Translation for financials and which method is being used; i.e., current rate, temporal rate, monetary-nonmonetary.

·

· Any other random requirements for your country that you discovered during the research process.

Just for your information, there are also a couple of laws that you should be aware of and keep in mind as you conduct your research. The laws are:

· Foreign Corrupt Practices Act (FCPA)

· U.K. Bribery Act

· Familiarity with Export Administration Regulations (EAR)

· International Traffic in Arms Regulations (ITAR)

The number of slides is based on the topics discussed above. It is anticipated that your presentation would include a minimum of 8 slides