The paper "The Rigorous Business of Budgeting for International Operations by Milani and Rivera" is a brilliant example of an article on finance and accounting. Foreign matters have an intense effect on the budgeting activities of international firms. International organizations argue with a variety of external aspects, internal reflections, and other dynamics that affect budget policies, structure, and control. External aspects influencing budgeting operations of multinational firms include exchange rates of foreign currencies, rates of interest, and inflation (Milani and Rivera 38). Exchange rates of foreign currencies are the most influential ones as they influence an international firm through translation, dealing, and financial experiences. The Fisher Effect, International Fisher Effect, and rate of interest uniformity connections contribute to the rate of interest’s effect on global companies. Lastly, inflation affects multinationals by centering on differences between nations and securing purchasing power uniformity and applying the Fisher Effect (Milani and Rivera 42).The main point of the article is that dealing with multinational risk is the core of budgeting for foreign subsidiaries. However, moving pricing and stock policy also affects global budgeting intensely (Milani and Rivera 38).