The National Standard of Accounting ,,Related parties and contracts of civil society” deals with a number of situations and aspects that deserve to be discussed. In this context, the article is dedicated to the presentation of the information concerning the affiliated parts in the explanatory notes of financial statements. In case the information dealing with affiliated parts is not presented, this will lead to wrong, incorrect information and its users may consider that the entity activates independently and only in its interest. There are presented several examples linked with affiliated parts and it is also described the necessity of presenting information concerning the affiliated parts, types of transaction that can be accomplished among the affiliated parts, as well as the necessary information that needs to be revealed in the explanatory notes of financial statements.