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Operating Segments

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Operating Segments

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by Stephen Widberg.
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  • May 7, 2022 at 1:31 pm #655114
    james8500
    Participant
    • Topics: 68
    • Replies: 17
    • ☆☆

    Hi,

    Are assets and liabilities included in an operating segment disclosure? If so, is it important to state that in a question?

    Or is P/L items specific to that segment ok to state?

    Thanks

    May 8, 2022 at 8:19 am #655169
    Stephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3444
    • ☆☆☆☆☆

    I would say:

    1. Must show profit ALWAYS.
    2. Would show assets / liabilities IF these figures are regularly reviewed by the chief operating decision maker.

    https://www.iasplus.com/en/standards/ifrs/ifrs8?msclkid=3f29fdc6ce9f11ec820494070ccf7821

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