WIL Report
company is Benevite Ltd
Question:
(a) how Brazil’s societal and cultural values have influenced the development of its accounting system (i.e. financial reporting and disclosure practices);
(b) any differences in financial reporting and disclosure practices between Brazil and Australia resulting from the values identified in (a) above; and
(c) whether these differences are likely to pose difficulties for Benevite Ltd in terms of reconciling the financial reporting and disclosure practices of a Brazilian subsidiary with those of its Australian parent.