Management's Choice to Declare Party as Related

Accountancy

Hi sir, hope you're well. If a particular party isn't identified as related as per AS 18, yet the management of the reporting entity feel so, can they make the choice to disclose such party as being related? Thanks Video Details ------------- P1 - Accounting Standards - CA Inter AS 18 #4. Who is not a related party?

Devaprasad Jothimani

CA Inter

★ 0

20-Mar-24 16:53

436

Answers (1)

Yes

CA Suraj Lakhotia

Admin

24-Mar-24 19:12