Segment reporting
This query is : Resolved
manjusha ladha
(Querist)
02 September 2016
Does segment reporting continues even if the company is no more applicable for segment reporting.
Amol S Joglekar
(Expert)
02 September 2016
what is the situation? if a company is not having any SEGMENTs in its sales......no segment reporting is required to be done.
manjusha ladha
(Querist)
02 September 2016
There is segment in sales of the company.
Amol S Joglekar
(Expert)
02 September 2016
then why do you think that segment reporting is not required? (Not applicable?)
manjusha ladha
(Querist)
02 September 2016
The equity and debentures of the company got delisted. so the question has been raised.
Amol S Joglekar
(Expert)
02 September 2016
if the said position exists on the year ending date, then segment reporting is not required to be done.
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manjusha ladha
(Querist)
02 September 2016
okkk thank you ...can i get some refrence of this provision.
Amol S Joglekar
(Expert)
02 September 2016
the provision is quite clear..... if segment reporting is NOT applicable to a particular Company, then it should NOT be done.....it is quite clear...
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