Which entities does accounting standards apply

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Problem 1: Identify the relationship between the Fiji Accounting Standards and the International Accounting Standards.

Problem 2: Explain how a company comes into existence and identify five powers that a company has.

Problem 3: Explain the difference between replaceable rules and a constitution.

Problem 4: To which entities does accounting standards apply? Discuss the nature of a reporting entity, and consider reasons for the concept being replaced by one of public accountability.

Problem 5: Identify and explain the ways by which a public company can raise funds.

Reference no: EM132837947

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