Section 33 of FRS 102 splits the definition of a related party into two distinct components: related parties which are persons and related parties which are entities. The section says that a related party is a person, or an entity, which is related to the reporting entity....
Section 33 of FRS 102 splits the definition of a related party into two distinct components: related parties which are persons and related parties which are entities. The section says that a related party is a person, or an entity, which is related to the reporting entity.Steven Collings...