After attending the board of director’s meeting, you learn the company is considering expanding into Canada and becoming a multinational corporation. In a memo to the board chair, discuss how multinational corporations have to set up an AIS with their foreign subsidiaries to provide the accounting information needed to plan, control, evaluate, and coordinate all business activities including government regulations and political climates. Also, summarize the issues that must be addressed regarding the company going multinational, and how that impacts the AIS for the company.
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