WebApr 1, 2016 · The Indian Accounting Standards (Ind AS), as notified under section 133 of the Companies Act 2013, have been formulated keeping the Indian economic & legal environment in view and with a view to converge with IFRS Standards, as issued by and copyright of which is held by the IFRS Foundation. Notwithstanding anything contained in … WebMay 10, 2024 · Ind. AS 108 requires reconciliation --as to total reportable segmental revenues to entity's revenue; total reportable segmental assets and liabilities to entity's; as …
Ind AS Transition Facilitation Group (ITFG) …
WebAug 13, 2015 · For those segments that must be disclosed, Ind-AS 108 requires disclosure of three categories of potentially sensitive information: Revenues from customers in the … WebMay 14, 2024 · Ind AS 108 operating segments Quick revision CA Ravi Kanth Miriyala CA FINAL Ravi Kanth Miriyala 718 views 4 months ago 24 FR MISC. TOPICS CA. JAI CHAWLA IndAS12 Concept Revision … design technology institute ghana
Ind-AS 108: Accounting for Operating Segments Gets Overhaul
WebFeb 18, 2024 · IND-AS Ind-As 108: Operating Segments Introduction : Ind-As 108 prescribes about the reporting requirement and identification of operating segments. WebMay 8, 2024 · A business segment or geographical segment is identified as a reportable segment if: revenue from sales to external customers and from transactions with other segments is 10% or more of the total revenue of all segments Segment result is 10% or more of the following whichever is greater in absolute amount: combined result of all segments … WebAug 21, 2024 · However IND AS 108 follows management approach. B. Aggregation of operating segments Operating segments are aggregated based on similar economic characteristics. It includes: Based on customer type Based on production process Based on distribution type Based on the products/services offered design technology past paper