AASB 8 - Operating Segments - February 2007
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Scope
2 [Deleted by the AASB]
Aus2.1 This Standard applies to:
(a) each for-profit entity that is required to prepare financial reports in accordance with Part 2M.3 of the Corporations Act and that is a reporting entity;
(b) general purpose financial statements of each other for-profit reporting entity other than for-profit government departments; and
(c) financial statements of a for-profit entity other than for-profit government departments that are, or are held out to be, general purpose financial statements;
in respect of:
(d) the separate or individual financial statements of an entity:
(i) whose debt or equity instruments are traded in a public market (a domestic or foreign stock exchange or an over-the-counter market, including local and regional markets); or
(ii) that files, or is in the process of filing, its financial statements with a securities commission or other regulatory organisation for the purpose of issuing any class of instruments in a public market; and
(e) the consolidated financial statements of a group with a parent:
(i) whose debt or equity instruments are traded in a public market (a domestic or foreign stock exchange or an over-the-counter market, including local and regional markets); or
(ii) that files, or is in the process of filing, the consolidated financial statements with a securities commission or other regulatory organisation for the purpose of issuing any class of instruments in a public market.
Aus2.2 This Standard applies to annual reporting periods beginning on or after 1 January 2009.
[Note: For application dates of paragraphs changed or added by an amending Standard, see Compilation Details.]
Aus2.3 This Standard may be applied to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2009. When an entity applies this Standard to an annual reporting period beginning before 1 January 2009, it shall disclose that fact.
Aus2.4 [Deleted by the AASB]
Aus2.5 When applicable, this Standard supersedes AASB 114 Segment Reporting as made on 15 July 2004 and amended to 5 September 2005.