Major Report: You are providing advice to a large and successful Au stralian IT manufacturing firm (KW IT Ltd). The company has succeeded in exporting th eir products to a number of overseas countries and has thus far avoided any problems with fluctuating exchange rates by requiring that all transactions be recorded in Aus tralian dollars. Because of increasing demand for its products and lower manufacturin g costs overseas, the company is now considering the establishment of a manufacturing plant in India. You are required to prepare a report outlining
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to the board the acco unting and other issues which will arise and which must be considered when developing an overseas operation in your selected destination. And I will send some resources later.
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