Related Party Disclosures

About this Course

To enable participants to identify related parties and to understand and know the relevant disclosures necessary to draw attention to the possibility that an entity’s financial position and profit or loss may have been affected by the existence of related parties and by transactions and outstanding balances, including commitments, with such parties.

To ensure that participants are able to:

Understand the purpose of related party disclosures
Identify related parties in accordance with the definition in FRS 24
Apply the disclosure requirements of FRS 24

Programme Outline

Scope and purpose of FRS 24
Definitions of related parties and other terms in FRS 24
Inter-relationship between FRS 24 and other related standards
Related party disclosures for all entities
Disclosures for government-related entities

Intended For

A Foundation to Intermediate level programme intended for both Practising and Non-Practising Accountants.

Training Methodology

Lecture style, with Exercises/Case Studies

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Course Info

Course Provider Institute of Singapore Chartered Accountants
Course Category Business
Course Price n/a

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