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Public and Private company

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Public and Private company

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by John Moffat.
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    Posts
  • July 10, 2024 at 3:18 am #708144
    Syed Ahsan Ali
    Participant
    • Topics: 136
    • Replies: 85
    • ☆☆☆

    Are they true that:

    1. There are two types of public companies listed and unlisted. The difference between them is listed company has access to stock market but unlisted company does not?

    2. Both listed and unlisted public companies can invite people to buy shares but the difference is that listed companies are allowed to issue shares in stock market but unlisted public companies are NOT allowed to issue shares in stock market?

    3. Private companies are NOT allowed to issue shares in stock market (alike unlisted public company) but they can issue shares to other people. Would you please let me know what does the other people could possibly mean here?

    Thanks ?

    July 10, 2024 at 8:26 am #708146
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54759
    • ☆☆☆☆☆

    These question relate more to Paper LW than to Paper FA and you should ask them in the Paper LW Ask the Tutor Forum.

    If you are studying for Paper FA then our free notes and lectures cover everything needed to pass that Paper well.

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