AASB 114 - Segment Reporting - July 2004
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Accounting Standard AASB 114 Segment Reporting as amended
This compiled Standard applies to annual reporting periods beginning on or after 1 July 2008 but before 1 January 2009. It takes into account amendments up to and including 6 March 2008 and was prepared on 25 March 2014 by the staff of the Australian Accounting Standards Board (AASB).
This compilation is not a separate Accounting Standard made by the AASB. Instead, it is a representation of AASB 114 (July 2004) as amended by other Accounting Standards, which are listed in the Table below.
Table of Standards
| Standard | Date made | Application date(annual reporting periods … on or after …) | Application, saving or transitional provisions |
|---|---|---|---|
| AASB 114 | 15 Jul 2004 | (beginning) 1 Jan 2005 | |
| AASB 2005-10 | 5 Sep 2005 | (beginning) 1 Jan 2007 | see (a) below |
| AASB 2007-4 | 30 Apr 2007 | (beginning) 1 Jul 2007 | see (b) below |
| AASB 2007-9 | 13 Dec 2007 | (beginning) 1 Jul 2008 | see (c) below |
| AASB 2008-3 | 6 Mar 2008 | (beginning) 1 Jul 2009 | see (d) below |
(a) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2007.
(b) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 July 2007.
(c) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 July 2008, provided that the Standards and Interpretation listed in paragraph 6 of AASB 2007-9 are also applied to such periods.
(d) Entities may elect to apply this Standard to annual reporting periods beginning on or after 30 June 2007 but before 1 January 2009, provided that AASB 3 Business Combinations (March 2008) and AASB 127 Consolidated and Separate Financial Statements (March 2008) are also applied to such periods. AASB 114 is superseded by AASB 8 Operating Segments for annual reporting periods beginning on or after 1 January 2009.