Global Standards for the world economy

Friday 15 January 2021

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Operating Segments: Reconciliation of assets

Operating Segments: Reconciliation of assets

 Narrow scope amendments (Annual Improvements)

IFRS 8 Operating Segments: Reconciliation of the total of the reportable segments’ assets to the entity’s assets

The IASB was informed of an inconsistency in the reconciliation disclosure requirements in IFRS 8 relating to an entity's reportable segments' assets.

The Exposure Draft on Annual Improvements to IFRSs 2010 -2012 cycle (ED/2012/1) published in May 2012 includes the IASB's proposal to amend paragraph 28(c) of IFRS 8 Operating Segments to clarify that a reconciliation of the total of the reportable segments' assets to the entity's assets should be disclosed, if that amount is regularly provided to the chief operating decision maker. This proposed amendment is consistent with the requirements in paragraphs 23 and 28(d) in IFRS 8.

Project stages


Issued Documents

Stage completed: Exposure Draft published 3 May 2012
Stage completed: December 2013