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ACCA Strategic Professional · Strategic Business Reporting (International) · Analysis and interpretation of financial and non-financial information and measurement of performance

Under IFRS 8, which entity-wide disclosure must be given even if the entity has only one reportable segment?

Entity-wide disclosures apply even to single-segment entities: external revenue by product or service group, revenue and non-current assets by domestic and foreign countries, and information about reliance on any customer contributing 10% or more of revenue, unless already given in the segment disclosures.

  1. ARevenue from external customers for each product or service group, and by country of domicile and foreign countries, plus reliance on major customers providing 10% or more of revenueCorrect
  2. BSegment liabilities for each product group
  3. CThe CODM's remuneration
  4. DInter-segment transfer pricing policies for each customer

Explanation

IFRS 8 entity-wide disclosures cover products and services, geographical areas (revenue and non-current assets) and major customers (10% or more of revenue), unless already provided in segment information. They apply to single-segment entities too. Segment liabilities are only disclosed if regularly provided to the CODM.

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