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In this paper, you are required to find the similarities and differences of how accounting practices in Brazil, Russia, India, China will contribute to hinder economic growth for organizations that conduct the majority od their operations in those areas. Furthermore, you must also include an economic overview and at least 2 examples of organizations that fundamentally conduct their business in BRIC countries as well as their accounting practices.
Compare and contrast how accounting practices in BRIC (Brazil, Russia, India, China) countries will contribute to or hinder economic growth for organizations that conduct the majority of their operations in those areas. Furthermore from accounting practices perspective what are the pros and cons for an organization attempting to raise capital in markets outside of BRIC countries? Your answer should include an economic overview of how potential investors view this set of countries, and at least two examples of organizations that primarily conduct their business in BRIC countries as well as their accounting practices.