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Necessity of Transactions with Related Parties
Transactions along with related parties are essential for several reasons:
(a) Several financial scandals including related parties frequently show in the headlines;
(b) A fair and important view of the entity's conditions may not be specified unless full disclosure is made;
(c) Statutory utilization must be compiled along with e.g. loans for directors.
Audit of Holding Companies and Group Accounts Authoritative documents are as: The Companies Act Cap 486 IAS 27 IAS 28 IAS 31 IFRS 3 ISA 600 r
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postage stamps 220 currency and coins 1156.60 how much petty cash fund shall be shown as part of cash balance
am happy to pay someone to do my acc assignment which is more auditing one
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