disclosure
LAXMIDHAR SAHOO (ARTICLES) (190 Points)
18 September 2018LAXMIDHAR SAHOO (ARTICLES) (190 Points)
18 September 2018
Pranjali
(intern)
(2216 Points)
Replied 20 September 2018
Standard 18 that relates to the related party disclosures covers the directors loans and need to be disclosed as per the standard. Since, key managent personnel is a part of related party, any transaction with them needs to be disclosed. Hence, it is very much in purview of the standard. Hope it helps :)
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