What is benefits of adopting the management approach in SFAS 131on IFRS 8 exam ?
the Board noted that the primary benefits of adopting the management approach in SFAS 131 are that
- entities will report segments that correspond to internal management reports;
- entities will report segment information that will be more consistent with other parts of their annual report
- some entities will report more segments; and
- entities will report more segment information in interim financial reports.
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