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Besserbrau - Hi everyone Case 1-1 Read the Besserbrau AG...

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Hi everyone, Case 1-1 Read the Besserbrau AG case 1-1 in the text and discuss here the various international accounting issues confronted by Besserbrau AG After reading Besserbrau AG case, we can list the following international accounting issues: The presentation of consolidated financial statements for Besserbrau in Germany, which has foreign operations in China. The subsidiary in China might be required to prepare financial statements in accordance with local laws and regulations. In addition as part of the requirements the companies should keep books in local currency using local accounting principals. Monetary exchange issues: in addition to follow the laws and
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