Question: please help me answer this question quickly thank you. The following information describes the relationship and shareholdings of persons and entities relating to the reporting

please help me answer this question quickly thank you.


The following information describes the relationship and shareholdings of persons and entities relating to the reporting entity: Director Director Reporting Entity it REQUIRED (a) Explain whether the following party is/is not related party of the Reporting Entity X according to HKAS 24 (revised): Chan Hongkong Ltd. Lee 330300 Mohamad Karachi Co. Kowloon Ltd. (8 marks) (b) Explain the purpose of related party disclosure in the context of (2marks) professional ethics
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