Document ID: chunk:federal_register_of_legislation:F2021C00699:body:0:p12
Version: federal_register_of_legislation:F2021C00699
Segment Type: other
Provision Reference: 
Character Range: 29933–32904

after 1 January 2014 but before 1 January 2016. If an entity applies this Standard in its financial statements for a period before 1 January 2016, it shall disclose that fact.
35A [Deleted by the AASB]
36 Segment information for prior years that is reported as comparative information for the initial year of application (including application of the amendment to paragraph 23 made in May 2009 in the previous version of this Standard) shall be restated to conform to the requirements of this Standard, unless the necessary information is not available and the cost to develop it would be excessive.
36A–
36B [Deleted by the AASB]
36C AASB 2014-1 Amendments to Australian Accounting Standards, issued in June 2014, amended paragraphs 22 and 28 in the previous version of this Standard. An entity shall apply those amendments for annual periods beginning on or after 1 July 2014. Earlier application is permitted. If an entity applies those amendments for an earlier period it shall disclose that fact.

Withdrawal of IAS 14
37 [Deleted by the AASB]

Commencement of the legislative instrument
Aus37.1 [Repealed]

Withdrawal of AASB pronouncements
Aus37.2 This Standard repeals AASB 8 Operating Segments issued in February 2007.  Despite the repeal, after the time this Standard starts to apply under section 334 of the Corporations Act (either generally or in relation to an individual entity), the repealed Standard continues to apply in relation to any period ending before that time as if the repeal had not occurred.
[Note: When this Standard applies under section 334 of the Corporations Act (either generally or in relation to an individual entity), it supersedes the application of the repealed Standard.]

Appendix A
Defined term
This appendix is an integral part of the Standard.

operating segment  An operating segment is a component of an entity:
                   (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same entity),
                   (b) whose operating results are regularly reviewed by the entity's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and
                   (c) for which discrete financial information is available.

Appendix C
Australian simplified disclosures for Tier 2 entities

This appendix is an integral part of the Standard.

          AusC1 Paragraphs 5–34 do not apply to entities preparing general purpose financial statements that apply AASB 1060 General Purpose Financial Statements – Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities. If an entity applying AASB 1060 elects to provide segment disclosures, it shall apply this Standard in preparing and presenting the information.

Compilation details
Accounting Standard AASB 8 Operating Segments (as amended)
Compilation details are