Welcome to the website of the IFRS Foundation and the IASB

Thursday 21 August 2014

Banner graphic

IFRS Interpretations Committee

Operating Segments: Identification of chief operating decision maker


 Issues considered but not included in the Annual Improvements to IFRS project

IFRS 8 Operating Segments: Identification of chief operating decision maker

The issue considered is whether the focus of the functions of the chief operating decision maker (CODM) in paragraph 7 of IFRS 8 should be more operational (ie performance assessment) than strategic (ie resource allocation).

Project stages

Deliberations

In November 2011, the IASB decided not to include this issue in the Annual Improvements to IFRSs (2010-2012 cycle)