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AS 17 Segment Reporting

As per 'Segment reported in PY' test, any segment reported in last year and not meeting such criteria this year shall be a reportable segment. Isn't it that the segment will be reportable everytime based on same ground that it was reported last year this year also it should be reported? Just want to know, when will this chain of reporting segment based on this test will break?


Rahul Sharma

Rahul Sharma

CA Inter

3K+

16-Feb-20 09:54

27

Answers (8)

A segment identified as a reportable segment in the immediately preceding period because it satisfied the relevant 10 percent thresholds should continue to be a reportable segment for the current period notwithstanding that its revenue, result, and assets all no longer meet the 10 percent thresholds. So a segment will be reported in the current year only if it was reported in previous year under 10% criteria.


Suraj Lakhotia

Suraj Lakhotia

Admin

16-Feb-20 11:07

Thank you Sir


Rahul Sharma

Rahul Sharma

CA Inter

3K+

16-Feb-20 11:55

In the external revenue reported, the management had to mandatorily select any of the leftout segments for reporting purpose, but from those left out segments which one to report, is it again as per management discretion?

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Rahul Sharma

Rahul Sharma

CA Inter

3K+

16-Feb-20 11:57

IndigoLearn Team, this is FYI that the video clip related to Primary Reporting Format has stopped abruptly. Kindly look into it. Hope something important isn't missed out.


Rahul Sharma

Rahul Sharma

CA Inter

3K+

16-Feb-20 12:30

IndigoLearn Team, this is FYI that the video clip related to Primary Reporting Format has stopped abruptly. Kindly look into it. Hope something important isn't missed out.

Nothing is missing. It is just that we have cut the video there and put the remaining as a fresh topic.


Suraj Lakhotia

Suraj Lakhotia

Admin

17-Feb-20 17:06

Cool. Thank you so much ð???


Rahul Sharma

Rahul Sharma

CA Inter

3K+

23-Feb-20 01:20

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