IFRS-FUNDAMENTALS5 MIN READ
Name the Related Party Risk
Use IAS 24 to ask for related-party facts and disclosure support.
Mara M CFO 1 Anchor 2 Clarify 3 Close Disclosure call 20 sec Sensitive fact A director's close family member owns a supplier with $740,000 of current-year purchases. The wrong words can make a disclosure issue feel like an accusation. $740k supplier purchases director relationship Teach
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