The ASB has published financial reporting exposure draft 21: "Related-party disclosures", which contains proposals to replace the UK standard FRS8 with a standard based on IAS24.

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The ASB has published financial reporting exposure draft 21: "Related-party disclosures", which contains proposals to replace the UK standard FRS8 with a standard based on IAS24.

The changes are expected to become law in 2009. UK and Irish constituents are invited to...

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