Discussion Question
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 an accounting 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.