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This feature provides an example of related party disclosures in a client's footnotes and the problems that its auditor experienced in conducting an audit of

This feature provides an example of related party disclosures in a client's footnotes and the problems that its auditor experienced in conducting an audit of that client.

Refer to the Why It Matters feature "Related Party Disclosures at OAO Gazprom" on page 748.

What risks do the related party transactions with the Russian government pose for PwC in its audits of the company? Why might companies without such government ownership be less sensitive about their related party disclosures?

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