AASB 124 shall be applied in identifying the following, except for:

A) insider trading with related parties.
B) related party relationships and transactions.
C) circumstances in which disclosures of transactions with related parties are required.
D) outstanding balances, including commitments, between an entity and its related parties.

AASB 124

An Australian Accounting Standards Board standard that requires the disclosure of financial relationships and transactions between related parties.

Insider Trading

The trading of a public company's stock or other securities by individuals with access to non-public, material information about the company.

Related Party Relationships

A relationship between a reporting entity and another entity that is controlled, directly or indirectly, by the reporting entity, controls the reporting entity, or is under common control with the reporting entity.