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Besserbrau AG is a German beer producer that was founded in 1842. It produces beer according to German purity laws using malt, hops, yeast and water. Historically it only sold in Germany but it now exports to China through its wholly owned subsidiary BB Pijio. Sales to China have grown rapidly and Besserbrau is constructing a new brewery in Shanghai. This international expansion has led to various accounting issues for Besserbrau including foreign currency translation, hedging foreign exchange risk, account

Author

Linda Marceline

Language

EN