Segment Information (Ref: Para. 13)Segment Information (Ref: Para. 13)

###### Segment Information (Ref: Para. 13) A26. Depending on the applicable financial reporting framework, the entity may be required or permitted to disclose segment information in the financial report. The auditor’s responsibility regarding the presentation and disclosure of segment information is in relation to the financial report taken as a whole. Accordingly, the auditor is not required to perform audit procedures that would be necessary to express an opinion on the segment information presented on a stand-alone basis. Understanding of the Methods Used by Management (Ref: Para. 13(a)) A27. Depending on the circumstances, example of matters that may be relevant when obtaining an understanding of the methods used by management in determining segment information and whether such methods are likely to result in disclosure in accordance with the applicable financial reporting framework include: - Sales, transfers and charges between segments, and elimination of inter-segment amounts. - Comparisons with budgets and other expected results, for example, operating profits as a percentage of sales. - The allocation of assets and costs among segments. - Consistency with prior periods, and the adequacy of the disclosures with respect to inconsistencies.