IAS Plus newsletter — Special Edition – IFRS 8 'Operating Segments'
Published on:
22 Dec 2006
On 30 November 2006, the International Accounting Standards Board issued IFRS 8 Operating Segments annual financial statements for periods beginning on or after 1 January 2009, although earlier application is permitted. Once IFRS 8 is effective, segment reporting under International Financial Reporting Standards and US Generally Accepted Accounting Principles will be converged except for some minor differences.