IFRS 8 summary and timeline
A summary of IFRS 8 Operating Segments, including information on current proposals and a timeline of past amendments, announcements, exposure drafts and consultations.
Summary
IFRS 8 requires operating segments to be identified on the basis of internal reports about components of an entity that are regularly reviewed by the chief operating decision maker in order to allocate resources and assess performance. Where operating segments meet quantitative thresholds, segment information is required to be disclosed. General information about how the entity identified its operating segments and information about products and services is also required.
Timeline
| Date | Update |
|---|---|
| 12 December 2013 | IASB issues Annual Improvements to IFRSs 2010–2012 (amendment to IFRS 8) Effective for annual periods starting on or after 1 January 2014. |
| 16 April 2009 | IAS issues Annual Improvements to IFRSs 2009 (amendments to IFRS 8) Effective for annual periods starting on or after 1 January 2010. |
| 30 November 2006 | IASB issues IFRS 8 to supersede IAS 14 Segment Reporting Effective for annual periods starting on or after 1 January 2009. |
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Practical guidance on this standard is now on our main IFRS 8 Operating Segments page, with links to eIFRS, the full text standard, eBooks and other resources.
