Various types of entities and individuals are categorized as “related parties”. These transactions include affiliates and subsidiaries of the company, KMPs (Key Managerial Personnel) or their relatives, persons with ownership of greater than a certain voting interest or who hold significant influence or control over the company or others related through shareholding or management. Affinisio(RPT) enables you to pre-identify all of the above to automatically sort, reroute, review and report related party transactions.
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