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Accounting Chapter 6Aim: What are four source documents, and when would they be used? Do Now: Take a Do Now slip. Answer: Why do people use journals? Have you ever kept a daily journal of the things

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What is aim what are four?

AIM stands for Alternative Investment Market, which is a sub-market of the London Stock Exchange. The four main aims of AIM are to provide smaller companies with access to capital, create a liquid market for their shares, reduce the regulatory burden compared to the main market, and increase transparency.

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Companies looking to raise capital through the issuance of shares on the Alternative Investment Market are required to file for AIM admission. The four main categories of companies that typically seek AIM admission are early-stage growth companies, private equity-backed companies, family-owned businesses, and companies looking to expand internationally.

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To fill out an AIM application, companies need to provide a detailed business plan, financial projections, information about their management team, and a statement of risk factors. Companies also need to appoint a Nomad (Nominated Adviser) to guide them through the AIM admission process.

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The main purpose of AIM is to provide access to capital for smaller companies, create a liquid market for their shares, reduce regulatory burden compared to the main market, and increase transparency to investors.

What information must be reported on aim what are four?

Companies seeking AIM admission must report information such as financials, business strategy, management team details, and risk factors associated with the business.

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