According to IAS 24, related party disclosures are required irrespective of whether there have been related party transactions when:
A) significant influence exists;
B) control exists;
C) economic dependence exists;
D) all of the above.

Question

Quizplus · Accepted Answer

IAS 24 requires disclosures when control exists, even if there have been no transactions, to ensure transparency about the relationships that could affect the financial statements.

According to IAS 24, Related Party Disclosures Are Required Irrespective