The disclosure of information about products and services, geographical locations and major customers is required under AASB8 Operating segments .
View the step-by-step solution to:

Question

The disclosure of information about products and services, geographical locations and major customers is

required under AASB8 Operating segments. Why is this information beneficial to users of financial statements?


Why are the disclosures under this standard less prescriptive than other standards in accounting?

 

Top Answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question