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Related Parties

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Related Parties

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • February 28, 2015 at 6:05 pm #230800
    yellow
    Participant
    • Topics: 52
    • Replies: 68
    • ☆☆

    Dear Mike
    Hope you are fine and extremely thank you with all your help & time!

    My question is about related parties. Suppose entity A has 30% of entity B and also 30% of entity C Now the question is : Is entitiy B the related party of entity C and vice versa?
    I hope the answer will be NO! Otherwise the confusion will be just started!

    Thank you in advance

    February 28, 2015 at 6:10 pm #230803
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23365
    • ☆☆☆☆☆

    You are correct, the answer is no.

    February 28, 2015 at 6:17 pm #230805
    yellow
    Participant
    • Topics: 52
    • Replies: 68
    • ☆☆

    Thank you! I know by posting thank you, your time will be wasted by saying “You’re welcome” (as I think by doing that it will be easier for you to identify non-answered topics easier) but that will not prevent me to say that! 😀

    Thank you Mr Little and Allah bless you.

    February 28, 2015 at 7:41 pm #230815
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23365
    • ☆☆☆☆☆

    And may you too be blessed Yellow 🙂

    And, by the way, you really are welcome

  • Author
    Posts
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