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IAS Plus newsletter — IASB issues amendments to IAS 24

Published on: 16 Nov 2009

On 4 November 2009, the International Accounting Standards Board (IASB) issued amendments to IAS 24 Related Party Disclosures. The revised Standard simplifies the disclosure requirements for entities that are controlled, jointly controlled or significantly influenced by a government (referred to as government related entities) and clarifies the definition of a related party.

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