More than half of surveyed CFOs plan to expand their businesses internationally in the next year, according to the annual CFO Evolution Benchmark survey released by California accounting and business consulting firm ArmaninoLLP.

The survey, which included mostly California Bay Area CFOs answering questions about their financial expectations over the next several years, found that 33 percent of respondents plan to open offices in Asia, 26 percent are expecting to in Europe, 16 percent are looking to South America, 14 percent to Canada, and 9 percent to the Middle East.

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