Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

Exercise 19

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