Disclosure requirements
·Common information about how operating segments were identified and types of products and services from which every operating segment derives its revenues;
- Information about reported segment profit or loss, segment liabilities and segment assets and the basis of measurement.
· Reconciliations of the totals of segment revenues, segments profit or loss, segment assets, segment liabilities and other material items to corresponding items in organisation's financial statements. Remember the segmented information is derived from management accounts which may differ from financial statements, therefore reconciliation is required.
- Information about every product and service or groups of productsand services.
- Foreign country disclosures of revenues and assets (if material), regardless of whether there is an operating segment identified.
- Analyses of revenues and certain non-current assets by geographical area Details about transactions with major customers.
- Issuing considerable segment information at interim reporting dates.