Individual Assignment -2
Hugh Plc, a multinational company (headquartered in the UK) has invited you for an
interview. Hugh Plc has recently acquired shareholdings in companies in the Sweden
Republic and the USA. As part of your selection interview you have been asked to prepare
an ESSAY discussing the following issues:
 differences between the financial reporting standards for companies registered in the
Sweden Republic and the USA
 the economic factors which could explain Hugh Plc’s decision to acquire the
shareholdings in the subsidiary companies in these locations,
 how the use of technology can improve financial reporting within for Hugh Plc and its
subsidiaries.