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Reportable segments

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Reportable segments

  • This topic has 4 replies, 2 voices, and was last updated 9 years ago by MikeLittle.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • December 1, 2016 at 5:16 pm #352942
    Muslim Farooque
    Member
    • Topics: 190
    • Replies: 134
    • ☆☆☆

    sir can subsidiaries of a parent have their own debt or equity instruments traded in stock market as its implied in IFRS 8 reportable segment definition, and do they have thier own corporate governance arrangements? Like Board of directors?

    December 1, 2016 at 7:15 pm #352956
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23362
    • ☆☆☆☆☆

    Yes, and yes

    I’m not sure that it’s a common occurrence but it’s certainly possible

    December 1, 2016 at 7:29 pm #352966
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23362
    • ☆☆☆☆☆

    Muslim – please don’t replicate your questions – I’ve just come across this one in the P1 forum

    December 1, 2016 at 9:42 pm #352997
    Muslim Farooque
    Member
    • Topics: 190
    • Replies: 134
    • ☆☆☆

    Actually sir i was confused where to put the question,my friend said its a p1 question so i did that , im really sorry abt that, so in the standard of ifrs 8 a reportable segment is for example a subsidiary having debt or equity instruments on stock market ? Is this assessment correct?

    December 2, 2016 at 8:50 am #353097
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23362
    • ☆☆☆☆☆

    IFRS 8 is not in the F7 syllabus

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