Financial managers and global environment

Part 1. What must financial managers consider when operating in the global environment? What types of regulatory compliance might they face?

Part 2. What might they do to mitigate financial risk? Should there be global accounting standards? Why or why not?

looking for 150 or so words

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Financial manager must be conscious that supplies, markets, locations, investors, competitors and partners may be anywhere in the world. For this reason, they need to understand differences and similarities across all national boarders so as to utilize the deals and opportunities with the potential downfall. They are required to know the rules and culture of an individual countries as well as international rules of protocol. Also,

APA

160 words