IFRS 8

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March 25, 2011 at 6:48 pm #47894
salu007
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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
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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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