Purchase Solution

Concerns with segment reporting - too much information

Not what you're looking for?

Ask Custom Question

Do you think that companies are worried about disclosing too much information when it comes to segment reporting? What's wrong with reporting too much information? What do you think their main concerns include?

Purchase this Solution
Solution Summary

The cited solution gives examples of segment reporting and explains why it is difficult to do

Solution Preview

On the other side of segment reporting, there may be issues with reporting too much information. First, the definition of a segment is rather loosely defined as that piece for which operating results are regularly reviewed by management, and which has a discrete financial data available.

It is ...

Purchase this Solution
Free BrainMass Quizzes
Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

View More Free Quizzes
Related BrainMass Solutions

  • Accounting and Financial Reporting of Business

    Technology makes this easy because they may have the option to send it through email; however, an invasion of privacy can occur too. Regardless, an immense legal issue can happen by not reporting earnings as well as much jail time and fines.

  • Discusing Transparency and Disclosure

    A Practical Guide to Segment Reporting. Retrieved from http://www.pwc.com/gx/en/ifrs-reporting/pdf/segment-reporting.pdf Reason, T. (2001). SEC Wants better segment reporting. CFO.

  • inancial reporting

    Is this method of reporting allowed? What concerns does this type of reporting create? Does the average investor understand the difference? In what way(s) might the information be presented to clarify meaning for investors?

  • Question on Segment Reporting

    400407 Question on Segment Reporting The question is to explain why it will potentially assist users if segment information is contained in a financial report. Approx 700 words.

  • Even though accounting records go back hundreds of years, th

    Statement of Financial Accounting Standards No. 21, "Suspension of the Reporting of Earnings per Share and Segment Information by Nonpublic Enterprises."

  • SFAS 131 on defining segments for financial reporting

    105336 DOES IBM REALLY HAVE ONLY ONE INDUSTRY SEGMENT? DOES IBM REALLY HAVE ONLY ONE INDUSTRY SEGMENT? Not all corporations have readily embraced segment reporting.

  • Choosing Business-Segment Disclosures

    Since information shared with which top management official may not be all uniform, the chief operating decision maker may reveal information without going into depth about the inner strategies of the company since the level of the how much is to be revealed

  • Will Financial Statements Become Obsolete?

    College references, "All too often, multi-segment entities often don't report enough in their financial statements. The present financial reporting model has not been altered significantly for decades.

  • Finney Company, Segment reporting,amounts distributed

    477887 Finney Company, Segment reporting,amounts distributed to each segment Segment Reporting Finney Company's condensed income statement is presented below: Revenues

View More Related Solutions