Basic Accounting Questions

1) Which of the following is true in all cases? All UK public companies MUST prepare their accounts using IFRSs or IFRSs once adopted/ratified by the EU will be incorporated in the relevant laws of the member states?

2) Does it make sense that a large organisation importing exotic items to the UK, would take the legal form of a company limited by shares? Or would it make more sense if it was limited by Guantee?

3) A company starting with capital of 20,000 – makes 30,000 net profit, and owner makes dawings of 10,000. Capital at end of year – should be capital+profit-drawings? Is this the correct sum?

4) Which two PEST (Social/Demographic, Economic, Technological, Political/Legal) analysis classify the effects of the following?
“The introduction of a new tax by the UK Government on exisiting imports of a specific plant essence used extensively by a shampoo manufacturer to make products, for which the essence is essential and for which there is no substitute”.

Thankyou to anyone who offers any help.