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Unformatted text preview: primary and the other to be secondary, with considerably less information required to be disclosed for the secondary segment. Current PRC GAAP requires the same amount of information to be reported for both business segments and geographical segments (Deloitte, 2006, pg 45). This is compared to the current PRC GAAP. With the comparison with IFRS, Chinas segment reporting is that it requires information from an enterprise that has different operations or operates in different geographical areas. Deloitte. (2006, August). Chinas New Accounting Standards A guide to IFRS 3 business combinations . Retrieved from http://www.deloitte.com/view/en_CN/cn/services/audit/ab75912aff1fb110VgnVCM1000 00ba42f00aRCRD.htm...
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This note was uploaded on 04/30/2011 for the course ECON 101 taught by Professor Smith during the Spring '11 term at University of Phoenix.
- Spring '11