What does the future hold?
Globalization could be defined by some as a worldwide movement toward economic, financial, trade, and communications integration (Businessdictionary.com). In other words, business is expanding and the world is shrinking, relatively speaking. That definition should seem straight-forward to us as CPAs in the United States where we should start looking beyond our country’s borders for business development and business commerce. It also means that because of this, financial information should be consistent across the globe. This is easier said than done as we all know. Read More
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