Question: please find the question down below and answer in descriptive detail. thank you. the aim is to describe and explain the reason for the diversity

please find the question down below and answer in descriptive detail. thank you.

the aim is to describe and explain the reason for the diversity in accounting practice aroudn the world. explain concepts and acocunting issuesinvolved in recording and report of refqruently occured in international transactions. discuss the nature and importance of import/export documentation, foreign exchange mechanisms, overseas inflation and assistance provided by government snd non government agencies.

COMPANY: Treasury Wine Estates

You are working as an analyst at a business consultancy and are advising the company. Your manager assigned you to a project to analyse and provide recommendations on how the company can enhance its international operations.

Obtain the latest annual report of the allocated listed company . Your report should include answers to the following questions. Start by disclosing the company and the period the annual report covers.

Part 1 - Overview of the company's international operations

  • Provide an overview of the company's international operations and its international business strategy.
  • Discuss any plans for future international expansion or contraction.
  • Identify and discuss how much of their business is operating outside Australia (e.g., revenues, expenses, and assets
  • Part 2 - International business operations risks
    • Identify the country (outside of Australia) where the company has generated highest revenue.
    • Analyse and discuss the key legal and regulatory, financial, operational and taxation issues relevant to the company's international operations in the identified country.
    • Briefly discuss the global economic and financial impact of the war in Ukraine. Has the war had any impact on the company's operations?

    Part 3 - Recommendations

    • Based on the analysis above, provide recommendations on how the company might enhance their international operations.
    • Would other countries provide better prospects and why?

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