Business owners generally prefer to work with entities they know and trust. But the risk of double dealing abounds when a company does business with its parent company, a subsidiary, the owner’s family members or other related parties. Such transactions are sometimes priced at less (or more) favorable terms than those in similar arm’s length transactions between unrelated third parties. Contact us for help finding, disclosing and reporting these transactions in a transparent manner that complies with U.S. Generally Accepted Accounting Principles.
