how to identify if the information about related party transaction (IAS 24) for example...

Question

how to identify if the information about related party transaction (IAS 24) for example sales,purchases,trade receivables, or trade payable is at market value or not

David · Accepted Answer

All assets and liabilities  are recognized normally approximation of fair value only.   
If the organization  recognized  assets and liabilities at cost, it would be mention in the 
financial statement notes.     
So one can identify the information from the financial statement notes,

how to identify if the information about related party transaction (IAS 24) for example sales,purchases,trade receivables, or trade payable is at market value or not

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