Critical Evaluation of IAS Accounting Standard -- 2

1. Identify the key disclosure requirements in the NZ IAS 24 Related Party Disclosures standard and then using annual reports of two New Zealand listed companies illustrate the application of two of the disclosure requirements you identified. Explain how each disclosure assists in a better understanding of the financial statements. (Note that the two companies are to be from different industry sectors and the annual reports should be from reporting periods in 2015 or 2014.) 2. Compare the information provided by each company and comment on any differences. APA referencing should be done Words Limit 600 -680 words Perfect evaluation of standard with regard to listed companies in NZ is required. True Commitment is needed from the person undertaking this task.