Related-party disclosures that survive bank review

Banks reading audited statements in Taiwan often flip straight to the related-party note. Incomplete affiliate listings delay facility renewals more often than revenue recognition debates.

Start with a living register

Maintain a register of entities under common control, key management, and material joint ventures. Update it when ownership changes — not only at year-end.

Pricing support

For goods sold to affiliates, keep contemporaneous price lists or third-party comparable invoices. Reconstructing pricing in March from memory rarely satisfies either auditors or lenders.

Loans and guarantees

Intercompany loans need written terms: interest, maturity, and collateral. Verbal “we’ll settle after peak season” arrangements show up as findings.

Timing

Send the related-party schedule to auditors before fieldwork starts. Surprises on the last day of field work force either a delay or an incomplete note — neither helps a credit committee.