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About applicaqbility of AS 17 -Segment Reporting

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(Querist)
17 March 2008 A newspaper company also operates private radio channel.
Does newspaper business and radio division are separate business segments as per AS17
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CA Ankur Jain

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CA Ankur Jain (Expert)
17 March 2008 Yes, The nature of business could be different. The management need to decide for the matter.
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CA.Aman Dugar

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CA.Aman Dugar (Querist)
17 March 2008 If the management decides not to report them as different segments should audit report be qualified w.r.t non compliance of mandatory AS
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CA. Amit Daga

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CA. Amit Daga (Expert)
17 March 2008 Both are diff in nature so he have to report seperately.
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CA Saurabh Maheshwari

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CA Saurabh Maheshwari (Expert)
17 March 2008 BOTH TO BE REPORTED SEPERATELY

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