Operating segment and Operating unit: Difference between pages

Revision as of 13:47, 6 May 2016

A part of a larger business having separately identifiable objectives, responsibilities and management.

More significant operating units may also be Strategic Business Units.

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-''Financial reporting - international financial reporting standards - IFRS 8.''
+A part of a larger business having separately identifiable objectives, responsibilities and management.
-Under IFRS 8 (Operating segments) an operating segment is a component of a reporting entity:
+More significant operating units may also be Strategic Business Units.
-*That engages in business activities from which it may earn revenues and incur expenses;
-*Whose operating results are reviewed regularly by the entity's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance; and
-*For which discrete financial information is available.
 == See also ==
-* [[Entity]]
+* [[Strategic business unit]]
-* [[IFRS 8]]
-* [[Reportable segment]]
-[[Category:Accounting,_tax_and_regulation]]
+[[Category:Corporate_finance]]