Yumi holds 80% shares in Apple Limited (‘Apple’) and 25% in another company called Beta

Limited (‘Beta’). In addition, Yumi is working as a Chief Financial Officer at Cat Limited
(‘Cat’), which wholly owns Dog Limited (‘Dog’).

Required:
Identify the related parties of Apple in accordance with IAS 24 Related Party Disclosures by
completing the following table.

Related to Explanations Relevant Standard

Apple? (Yes/No) Paragraph

Yumi Yes Yumi has control of the IAS 24.9 a(i)

reporting entity (Apple)

Beta Yes Yumi identified in IAS 24.9 IAS 24.9 b(vii) – a(i)
a(i) has significant influence
over Beta

Cat Yes Yumi identified in IAS 24.9 IAS 24.9 b(vii) – a(i)
a(i) is a member of the key
management personnel of a
parent (Cat)

Dog Yes Yumi identified in IAS 24.9 IAS 24.9 b(vii) – a(i)
a(i) is a member of the key
management personnel of a
parent (Cat) of the entity
(Dog)