ICAEW.com works better with JavaScript enabled.

IFRS 8 Operating Segments

IFRS 8 Operating Segments sets out requirements for disclosure of information about an entity’s operating segments and also about an entity’s products and services, the geographical areas in which it operates, and its major customers.

Published November 2006. Effective 1 January 2009.

Become a Financial Reporting Faculty member

Find out more about the benefits of membership and joining details.

Join online now


Free to view

Financial Reporting Faculty members only

How standards trackers work

Financial Reporting Faculty members get full access. Login to get the version of the standard relevant to specific time periods via eIFRS.

ICAEW members and non-members can view a brief synopsis, amendments and details of current proposals.


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.

Which version of the standard?

'Which version of the standard?' is only available to members of the Financial Reporting Faculty. Please note that to access electronic versions of IFRS through the links in these standard trackers you need to have first logged into eIFRS.

Recent amendments

Full access to details of all the amendments is only available to Financial Reporting Faculty members. Find out how to join the faculty.

Current proposals

  1. ED/2017/2 Improvements to IFRS 8 Operating Segments: Proposed amendments to IFRS 8 and IAS 34 was issued in March 2017. It is proposed that IFRS 8 is amended to:

(a) Provide further clarification on the position of chief operating decision maker and require disclosure of the individual or group that is chief operating decision maker;
(b) Add examples of similar economic characteristics to the aggregation criteria;
(c) Require that an explanation is provided in the notes when segments identified by an entity differ between the financial statements and other parts of the annual report such as management commentary;
(d) Clarify that extra information may be disclosed in addition to that provided to the chief operating decision maker if it helps to met the core principle of the standard; and
(e) Clarify that explanations of reconciling items should be given with sufficient information to allow users to understand their nature.

Other resources


This page was last updated 18 December 2017