THE DETERMINANTS AND DECISION USEFULNESS OF IFRS 8 ON SEGMENT DISCLOSURES

The paper examined the determinants and decision usefuln ess of segment disclosures under SAS 24 and /FRS 8. The sampling population include 15 listed banks in the Nigerian Stock Exchange between 2010 and 2013 and survey of 126 chartered accountants in Benin Edo State. The findings suggest that there was a 10% increase in the segment disclosures after !FRS 8 adoption. The paired t-test reveals a significant difference in the pre and post !FRS 8 on operating segment disclosure practices of Nigerian bank. Therefore the findings indicate that Nigerian banks provided more disaggregated segmental information. Moreover. whereas profitability and growth rate of sales have significant positive relationship with segment disclosures. the company 's size and age have negative relationship with the segment disclosures. Again. most of the respondents agreed that !FRS 8 was more decision useful than the SAS 24. Therefore, the paper recommends the need for the regulatory authorities to compel Nigerian banks and other companies to segment information relating to the operation