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If an entity has many subsidiaries but only one of them is foreign subsidiary and entity wishes to disclose it as a separate operating segment in the operating segments disclosure note in the Consolidated FSs.
There are two questions:
1) Is it possible to aggregate such subsidiary with others in the operating segment disclosures note?
2) Would this impact on the usefulness of the information provided?Hi,
Segments can be aggregated if they share similar economic characteristics. Given that there is then less information then there is less detailed information but it wouldn’t impact the usefulness as the combined segment will be impacted in the same way in future as they share the same economic characteristics.
Thanks
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