International operations present an additional level of complexity for financial accounting professionals. But this self-study webinar cuts through the maze, providing timely guidance on:
- Dealing with the ins and outs of establishing operations in foreign countries
- The Foreign Corrupt Practices Act (FCPA) and the increased scrutiny by the SEC and the Department of Justice
To provide you with the practical know-how to set up foreign accounting operations in compliance with the Foreign Corrupt Practices Act (FCPA) and IFRS.
- Understanding FCPA requirements, including rules relating to the internal accounting control environment
- How to set up a new office in a foreign country, including a handy checklist
• Identify the sources of information for general foreign political and economic information
• Identify basic challenges to operating in a foreign country
• Recognize a common residency threshold for purposes of local taxation in foreign countries
• Recognize common local labor laws applicable to foreign workers
• Recognize the FCPA’s business purpose test
• Recognize red flags in the context of the FCPA
• Identify selected SEC enforcement actions under the FCPA
• Recognize the goal of risk management
• Identify the characteristics associated with internal control