CTHRepealedLegislation
AASB 8 - Operating Segments - February 2007
Information about products and servicesInformation about products and services
Start here
Get a plain-English read of Information about products and services
Turn the raw legal text into a practical explanation grounded in AASB 8 - Operating Segments - February 2007.
Information about products and services
32 An entity shall report the revenues from external customers for each product and service, or each group of similar products and services, unless the necessary information is not available and the cost to develop it would be excessive, in which case that fact shall be disclosed. The amounts of revenues reported shall be based on the financial information used to produce the entity’s financial statements.