explain Management should consider the following processes and control activities to ensure proper identification, authorization, approval, accounting, and disclosure of related parties and their transactions: Explanation: Robust Documentation: Maintain clear and up-to-date documentation of related parties and transactions. Regular Training: Conduct training for relevant personnel to enhance awareness of related-party disclosure requirements. Internal Reviews: Conduct periodic internal reviews to validate the accuracy and completeness of related-party information and transactions. Automated Monitoring: Implement automated systems to flag potential related-party transactions for further review and verification