Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik

Exercise 10

Nestlé S.A. is a very large company headquartered in a very small country (Switzerland). It has operations in more than 50 different countries around the world. Much of the company's international expansion has been through the acquisition of local (i.e., foreign) companies. What major problems does worldwide accounting diversity cause for a company like Nestlé