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IFRS 8 – Reconciliation of segment assets (new)

Date recorded:

The Committee considered a request to amend paragraph 28(c) of IFRS 8 to indicate that the reconciliation of the reportable segment's assets to the entity's assets should be provided if segment assets are reported in accordance with paragraph 23 of IFRS 8. Paragraph 23 requires disclosure if the amount is regularly provided to the chief operating decision-maker. This request will create consistency to paragraph 28(d) which already indicates that the reconciliation of the total of reportable segments' liabilities to the entity's liabilities should be provided if segment liabilities are reported in accordance with paragraph 23. This request has been made to include this proposed amendment in the 2010-2012 annual improvements cycle.

The Committee agreed with the staff's recommendation to amend paragraph 28(c) of IFRS 8 and to include this in the annual improvements cycle.