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5. Kiki Limited is planning on listing on the Jamaica Stock Exchange (JSE). The Board of Directors reached out to your Accounting firm for
5. Kiki Limited is planning on listing on the Jamaica Stock Exchange (JSE). The Board of Directors reached out to your Accounting firm for advice on the following matters. a. What does the term "going public" mean, give an example of why a company would go public? (2 marks) The JSE has established a Junior Market, which is believed will encourage domestic investment in entrepreneurship, employment and economic development. b. What is the minimum and maximum amount of capital that may be raised by companies wishing to be listed on this market? (2 marks) c. What are the advantages to be derived from listing on the JSE Junior Market? (3 marks) d. As it relates to listed companies, what are the rules relating to filing of their: Quarterly Financial Statements (2 marks) Audited Annual Financial Statements (2 marks) Annual Reports (2 marks) e. The company loved your advice given on the JSE and reached out for more advice on that of Pension for the company. Explain to the company Directors, the features of the two types of pension plans. (7 mark)
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