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- 2023 Issued Standard – IAS 24
The 2023 Issued Standards include all amendments issued up to and including 1 January 2023.
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Summary
IAS 24 defines a related party to include an entity’s subsidiaries, associates, joint venture interests, key management and close family members of key management.
The standard requires an entity’s transactions with related parties, regardless of whether a price is charged, to be disclosed in that entity’s financial statements.
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