This assignment analyzes Global Value Fund Limited's (GVF) segment reporting practices in accordance with International Financial Reporting Standard (IFRS) 8. It examines GVF's financial reports, focusing on the disclosure of revenue, expense, assets, and liabilities within its single reportable segment. The analysis explores how GVF aligns with IFRS 8 requirements for consistency in disclosures and reconciliation between segmental figures and consolidated financial statements. Additionally, it discusses potential differences arising from accounting procedures and cost allocation methods.