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Thread: Stocks surge after Fed's new move
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[quote=MARRIE,276549]"It is my understanding that overseas(foreign) corporations are even less transparent with their financials (i.e. the guide lines are not as strict)." How US head-quartered co consolidates their overseas unit financial data and how their overseas units book their accounts, i.e. local standards or us stands rarely shown on filing (I’d better grab an multi-national co. to check their filing for study). Fraud behaviors in less task segregated accounting dept take place very often. [/quote]
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