Financial Statements
Related-Party Disclosure
Definition
What is Related-Party Disclosure?
DisclosureThe provision of material information needed for informed decisions. of transactions and balances involving connected persons or entities.
Example in practice
How This Looks in Practice
The annual reportA yearly publication containing financial statements, management discussion, governance information, and other disclosures. lists loans to a director-controlled company.
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Related Terms
Financial Statements
Revenue
Income generated from selling goods or services before expenses are deducted.
Financial StatementsSales Growth
The percentage increase or decrease in revenue over a period.
Financial StatementsCost of Goods Sold
Direct costs attributable to goods or services sold during a period.
Financial RatiosGross Margin
Gross profit expressed as a percentage of revenue.