Ind AS 24 Related Party Disclosure
Shubham Goyal (Student) (1 Points)
02 December 2020
Are associates related to each other as per Ind AS 24 ?
Shubham Goyal (Student) (1 Points)
02 December 2020
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 02 December 2020
Yes! IndAS 24.3 suggests that related party disclosures will be made in consolidated and separate statements
Indas 24.5 is meant and defined for parent, subsidiary, JV and associates.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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