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IFRS 8

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IFRS 8

  • This topic has 1 reply, 2 voices, and was last updated 14 years ago by MikeLittle.
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  • March 25, 2011 at 6:48 pm #47894
    salu007
    Member
    • Topics: 58
    • Replies: 32
    • ☆☆

    Dear Sir,

    I saw the opentuition Lecture of IFRS 8.I am not able to understand the concept of that if reported segemnt profit is less than 75% of the entities revenue then we should find other segments until we reach 75%.What is the method of doing this.

    April 13, 2011 at 4:49 pm #80451
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    By adding the revenue from the next highest revenue earning segment until you arrive at reported segmental revenue in excess of 75% of total revenue.

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