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May I ask whether the subsidiary of the reporting company = related parties of the reporting company?
I am confused that senior staff told me that the subsidiary of the reporting company is not the related parties of the reporting company.please give me some advices.
thank youI believe subsidiary would be a related party of its parent-
https://www.ifrs.org/issued-standards/list-of-standards/ias-24-related-party-disclosures/
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