IAS 24 ( Related Party Disclosures ) & IAS 10 ( Events After Reporting Period ) & IFRS 12 ( Disclosure of Interests in Other Entities ) & IAS 28 ( Investment in Associates and Joint Ventures )
4 Hours, 24 Mar 2024, 10:00 AM-2:00 PM
The objectives of IAS 24 “related party disclosures” are
centered around promoting transparency, accountability, and the fair
representation of an entity's financial relationships with related parties in
its financial statements.
The objectives of IAS 10 “Events after reporting period“
are centered around ensuring the accuracy, consistency, and relevance of
financial statements by providing guidance on the treatment of events occurring
after the reporting period. This contributes to the overall quality and
reliability of financial reporting.
The objectives of IFRS 12 “Disclosure of interests in
other entities” are centered around enhancing transparency, providing detailed
information about an entity's interests in various entities, and promoting
consistency and comparability in financial reporting.
The objectives of IAS 28 “Investment in associates and
joint ventures” are centered around prescribing appropriate accounting
treatment, ensuring accurate measurement, enhancing transparency, promoting
consistency, facilitating informed decision-making, avoiding double counting,
and contributing to global financial reporting convergence in the context of
investments in associates and joint ventures.