CERTYNEX IFRS ACADEMY

The management accountant of Lormont SA lists the work needed for the related party note. Which list matches what the standard helps to determine?

Identifying the transactions of the period, closing balances belonging in another note.

Identifying relationships and transactions and the content of disclosure, the circumstances in which it is required being left to the entity's discretion.

Determining the measurement methods for transactions with related parties and their tax treatment.

Identifying relationships and transactions, identifying balances (including commitments), the circumstances in which disclosure is required and its content.