WebFeb 18, 2024 · IND-AS Ind-As 108: Operating Segments Introduction : Ind-As 108 prescribes about the reporting requirement and identification of operating segments. WebThe transitional provisions given in IFRS 108 has not been given in Ind AS 108, since all transitional provisions related to Ind ASs, wherever considered appropriate, have been included in Ind AS 101, First-time Adoption of Indian Accounting Standards, corresponding to IFRS 1, First-time Adoption of International Financial Reporting. 2.
Ind AS 108 Operating Segment Complete Chapter Financial Reporting …
WebThe listed entity shall ensure that segment reporting is done in accordance with AS-17/ IND AS 108; Changes in accounting policies, if any, shall be disclosed in accordance with AS 5/ IND AS 8; For entity which has listed its Non-Convertible Securities, shall disclose the following with the financial results: WebAug 21, 2024 · AS 17 required segmentation into business segment wise and geographical segment wise based on risk and return approach. However IND AS 108 follows … northgate edmonton
ICAI - The Institute of Chartered Accountants of India
WebMay 14, 2024 · Ind AS 108 operating segments Quick revision CA Ravi Kanth Miriyala CA FINAL Ravi Kanth Miriyala 718 views 4 months ago 24 FR MISC. TOPICS CA. JAI CHAWLA IndAS12 Concept Revision … Weboperating segment, determined in accordance with Ind AS 108 before applying the aggregation criteria of Ind AS 108. Goodwill is allocated to the lowest level at which it is monitored for internal management purposes. This is to avoid the need to develop additional reporting systems to support goodwill impairment testing. WebInd AS 108, Operating Segment, Important Questions with Solutions for CA Final Financial Reporting May & Nov 2024 Exams Question 1 – Seeds Ltd. is operating in oil industry. Its … northgate egham