CONTENTS

COMPILATION DETAILS

Comparison With IFRS 8

Accounting Standard

AASB 8 Operating Segments

Paragraphs

Core Principle 1

Scope Aus2.1 – 4

Reduced disclosure requirements Aus2.6

Operating Segments 5 – 10

Reportable Segments 11

Aggregation criteria 12

Quantitative thresholds 13 – 19

Disclosure 20 – 21

General information 22

Information about profit or loss, assets and liabilities 23 – 24

Measurement 25 – 27

Reconciliations 28

Restatement of previously reported information 29 – 30

Entity-wide Disclosures 31

Information about products and services 32

Information about geographical areas 33

Information about major customers 34

Transition and Effective Date 35A – 36C

Appendix:

A. Defined Term Page 14

Deleted ifrs 8 text Page 15

implementation Guidance on ifrs 8

(available on the AASB website)

BASIS FOR CONCLUSIONS ON IFRS 8
(available on the AASB website)

Australian Accounting Standard AASB 8 Operating Segments (as amended) is set out in paragraphs 1 – 36C and Appendix A. All the paragraphs have equal authority. Paragraphs in bold type state the main principles. Terms defined in this Standard are in italics the first time they appear in the Standard. AASB 8 is to be read in the context of other Australian Accounting Standards, including AASB 1048 Interpretation of Standards, which identifies the Australian Interpretations. In the absence of explicit guidance, AASB 108 Accounting Policies, Changes in Accounting Estimates and Errors provides a basis for selecting and applying accounting policies.