Why Do Foreign Companies Sometimes Have Problems Complying with Stringent

question 140

Short Answer

Why do foreign companies sometimes have problems complying with stringent and often changing regulations and bureaucratic obstacles?
Because local government is out of control and trying to make a money grab
Because the laws are stupid
Because the government is trying to achieve cartel status for its domestic products
Because of business practice laws
Because the managers in the foreign firm are ill-informed

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Definitions:

Contributions Revenues

Contributions revenues are the funds received by nonprofit organizations, governments, or other entities as donations or grants that do not have to be repaid.

Donor Restrictions

Limitations placed by a donor on how a non-profit organization can use the donated funds.

Animal Rescue Agency

An organization dedicated to rescuing and caring for animals in distress or peril.

ASU 2016-14

An update issued by the Financial Accounting Standards Board (FASB) aimed at improving the way not-for-profit organizations present their financial statements.