Accounts prep - related party transactions | AccountingWEB

Accounts prep - related party transactions

Hi, I was wondering whether the following would need to be recorded as a RPT in the books of a small company if the Director purchased stock with his personal credit card, only to get reimbursed at a later stage by the business. This was before the business issued cards to Directors/employees. Thanks.

PS the company is reporting under the FRSSE.

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from memory I think that only

Craigie_Bhoy |
Craigie_Bhoy's picture

Related Party Transaction Disclosure - Disclosure

David Green1 |

Isn't that a little pedantic?

nutwood |

Agree with nutwood.

Towards excellence |