CPD 1 hours On Demand Course Online

Related Party Disclosures (IAS 24/ AASB 124/ NZ IAS 24)

Understand and avoid common errors in related party disclosures with this webinar on IAS 24 requirements.

$72.73

non-member : $90.91

Description

 Though arising in the normal course of business, Related Party transactions are critical, as they have the potential to impact an entity’s profit or loss and its financial position. Given the nature and significance of these transactions, the Related Party disclosures as prescribed by IAS 24 are crucial for the stakeholders. In this webinar, Sagar will share his insights on:

  • The objective and scope of IAS 24.
  • Definitions and guidance on identifying related parties
  • Disclosure requirements for related party transactions
  • Specific requirements in relation to group entities
  • Key management disclosure rules

 

Learning Outcomes 
Upon satisfactory completion of this activity, you will be able to:  

  • Define and identify related parties in accordance with IAS 24.
  • Explain the requirements of IAS 24 on related party transactions.
  • Explain the related party disclosure requirements specific to Key management personnel and group companies.

 

Benefits
Benefit from the practical insights and understand the requirements of IAS 24 in relation to related party disclosures and how to avoid common errors while preparing related party disclosures.

Presenter