• a person or company, for example a shareholder or a company in the same business group, that is connected to the person or company previously mentioned and that often has some control or influence over that person or company:


    Related party meaning & definition 1 of Related party.


  • A related party is a person or entity that is related to the entity that is preparing its financial statements (referred to as the reporting entity) [IAS 24.9]. (i) has control or joint control over the reporting entity; (ii) has significant influence over the reporting entity; or.

    Related party meaning & definition 2 of Related party.

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