Exercise 19.1 SCOPE OF IAS 24 Which of the following is the related party of an

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Exercise 19.1 ★ SCOPE OF IAS 24 Which of the following is the related party of an entity within the scope of IAS 24? Give reasons for your answer.

(a) A person who has the authority to plan, direct and control the activities of the entity.

(b) The domestic partner and children of a director of the entity.

(c) The non-dependant sister of a director of the entity.

(d) A subsidiary company that is directly controlled by the entity.

(e) Dividend payment to employees who are holders of an entity’s shares.

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Applying IFRS Standards

ISBN: 9781119159223

4th Edition

Authors: Ruth Picker, Kerry Clark, John Dunn, David Kolitz, Gilad Livne, Jance Loftus, Leo Van Der Tas

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Question Posted: Oct 31, 2024 01:00 PM

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Exercise 19.1 SCOPE OF IAS 24 Which of the following is the related party of an

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Applying IFRS Standards

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