Ind AS 108 (Indian Accounting Standard 108) provides guidance on how to account for operating segments, which are parts of a company that engage in business activities for which separate financial information is available and regularly reviewed by the company's management. The main objective of Ind AS 108 is to ensure that companies report information about their operating segments in a way that is useful to stakeholders for making investment and credit decisions. Some key aspects of Ind AS 108 are as follows:  

- Identification of operating segments: Ind AS 108 requires companies to identify their operating segments based on the nature of the business activities they engage in and the way in which those activities are managed.  

- Reporting of segment information: Ind AS 108 requires companies to report detailed financial information about each operating segment, including revenue, expenses, assets, and liabilities.  

- Disclosure of reconciliations: Ind AS 108 requires companies to disclose reconciliations between the financial information reported for their operating segments and the financial information reported in their consolidated financial statements.  

- Management approach: Ind AS 108 requires companies to report segment information based on the way in which their management reviews and evaluates business performance.  

Overall, the objective of Ind AS 108 is to provide clear guidance on how to report information about operating segments, ensuring that companies report detailed and useful information about their business activities to stakeholders. This helps stakeholders make informed investment and credit decisions based on a complete and accurate picture of a company's financial performance.