International GAAP 2021

Chapter 36Operating segments

• 1 INTRODUCTION
  • 1.1 Background
  • 1.2 The main features of IFRS 8
  • 1.3 Disclosures required by IFRS 15
  • 1.4 Terms used in IFRS 8
  • 1.5 Transitional provisions
• 2 OBJECTIVE AND SCOPE OF IFRS 8
  • 2.1 Objective
  • 2.2 Scope of IFRS 8
    • 2.2.1 The meaning of ‘traded in a public market’
    • 2.2.2 Consolidated financial statements presented with those of the parent
    • 2.2.3 Entities providing segment information on a voluntary basis
• 3 IDENTIFYING A SINGLE SET OF OPERATING SEGMENTS
  • 3.1 Definition of an operating segment
    • 3.1.1 Revenue earning business activities
    • 3.1.2‘Chief operating decision maker’ and ‘segment manager’
    • 3.1.3 Availability of discrete financial information
    • 3.1.4 When a single set of components is not immediately apparent
    • 3.1.5 An equity accounted investment can be an operating segment
  • 3.2 Identifying externally reportable segments
    • 3.2.1 Aggregation criteria – aggregating internally reported operating segments into single reportable operating segments
    • 3.2.2 Quantitative thresholds – operating segments which are reportable because of their size
    • 3.2.3 Combining small operating segments into a larger reportable segment
    • 3.2.4‘All other segments’
    • 3.2.5 A ‘practical limit’ for the number of reported operating segments
    • 3.2.6 Restatement of segments reported in comparative periods
• 4 MEASUREMENT
• 5 INFORMATION TO BE DISCLOSED ABOUT REPORTABLE SEGMENTS
  • 5.1 General information about reportable segments
    • 5.1.1 Disclosure of how operating segments are aggregated ...