In general, any related birthday party transaction must be disclosed that would have an effect on the decision making of the customers of a company's monetary statements.
This entails the disclosures referred to below. Depending on the transactions, it may additionally be applicable to combination some associated celebration facts by way of kind of transaction.
This Standard requires disclosure of related celebration relationships, transactions and tremendous balances, along with commitments, in the consolidated and separate economic statements of a dad or mum or traders with joint manipulate of, or extensive have an impact on over, an investee presented in accordance with IFRS 10
Learn more about party disclosure here:
