BC51 Several respondents suggested different geographical disclosures from those proposed in ED 8. For example, some preferred disclosures by geographical areas rather than by individual country. Others favoured geographical disclosure of profit or loss as well as non‑current assets. Several respondents expressed the view that disclosure of total assets would be more relevant than non‑current assets. Some took the view that disclosures should be made of both current and non‑current assets. Other respondents recommended that financial assets should be disclosed as well as non‑current assets. Some respondents expressed the view that disclosure of non‑current assets should not be required if those amounts are not reviewed by the chief operating decision maker.
BC52 In developing ED 8, the Board decided to adopt the requirements in SFAS 131. Paragraphs 104–107 of the Basis for Conclusions on SFAS 131 provide the rationale for the geographical disclosures required.
BC53 None of
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