• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

Related Party IAS-24

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Related Party IAS-24

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • March 24, 2021 at 8:23 pm #615147
    faisal
    Participant
    • Topics: 2
    • Replies: 0
    • ☆

    Mr P has a 70% shareholding in Entity A.
    Mr P has a 30% shareholding in Entity B.

    Mr P controls Entity A and is able to exert significant influence over Entity B.

    Mr P has a 25% shareholding in Entity A.
    Mr P has a 30% shareholding in Entity B.

    Mr P is able to exert significant influence over Entity A and Entity B.

    Required:
    For each situation above explain whether or not Entity A and Entity B are related parties.

    Kindly provide the answer of above query

    March 25, 2021 at 3:21 pm #615191
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3411
    • ☆☆☆☆☆

    As always at this level, there may be no right and wrong and it’s fine to say that he may be a RP.

    First scenario – Mr P is RP of A and of B, AND A may be RP of B

    Second scenario – Mr P is RP of A and of B. I am not convinced that A is a RP of B

    Fortunately exam questions focus on the ethics of non-disclosure rather than the minutiae of disclosure!

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Salexy on Linear Programming – Spare capacity and Shadow prices – ACCA Performance Management (PM)
  • omerbasheer on The Statement of Financial Position and Income Statement (part d)
  • Kim Smith on AA Chapter 9 Questions
  • Walkera on Basic Variance Analysis part 1 – ACCA Performance Management (PM)
  • kartierclass on AA Chapter 9 Questions

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in