AASB 8 Operating Segments requires reconciliation of total reportable segment revenues,total profit or loss,total assets,total liabilities and other amounts disclosed for reportable segments to the corresponding amounts shown in the parent entity's separate financial statements.

Question

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AASB 8 requires reconciliation of the total reportable segment revenues, total profit or loss, total assets, and other amounts disclosed for reportable segments to the corresponding amounts in the entity's financial statements. It does not require reconciliation to the parent entity's separate financial statements but to the consolidated financial statements of the group.

AASB 8 Operating Segments Requires Reconciliation of Total Reportable Segment