An alternative to disclosing information about related parties is to restate related party events as though they
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An alternative to disclosing information about related parties is to restate related party events as though they had occurred between independent parties in arm’s length transactions. Explain why this approach has not been adopted by the standard setters.
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Related Book For
Financial Reporting
ISBN: 978-0730363361
2nd Edition
Authors: Janice Loftus ,Ken Leo ,Sorin Daniliuc ,Belinda Luke ,Hong Nee Ang ,Karyn Byrnes
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