Can a company voluntary go for segement reporting?

Final 536 views 2 replies

Dear friends,

 

can a private ltd company voluntary go for segement reporting under AS17 disclosures. even though As-17 is not mandatory for it?

Replies (2)

The Scope of the standard speaks about the companies for whom applicability is mandatory. It has not stated that other should not follow. So u can happily follow. But ensure that once you decide to follow comply with the requirements of this Statement fully and not selectively. 

for detailed study see the AS which i downloaded from our Institute site. So 100% reliable.........

Cheeeeeers.............

Every Accounting Standard is there to make our financial reporting fair and very transparent. The mandatory recommendation doesn't prohibit others from disclosing. if the company wishes to disclose segment wise report for any reason it can definitely do so but it need not be as stated in AS 17. The company can have its own segmenting and disclose.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details