How to identify a segment


Segmented Information and Reporting Requirements

Respond to the following (two paragraphs only):

· Suppose that management is considering preparing segmented information but is unsure on how to identify a segment and is unsure on why the information is important. Outline a brief memo to management explaining the importance of segmented information, and create an action plan on the main steps management should take to identify a segment. Also, provide your opinion on the effect segmented information will have on the company's financial disclosure.

· Speculate as to why there has been an increase in reporting requirements in the last ten (10) years. Also, give your opinion on whether the increase in reporting requirements has improved investors' and creditors' confidence in corporations. Provide at least two (2) specific examples of improvements to support your opinion.

 

Solution Preview :

Prepared by a verified Expert
Financial Accounting: How to identify a segment
Reference No:- TGS02124711

Now Priced at $20 (50% Discount)

Recommended (99%)

Rated (4.3/5)