Segmental Reporting

Index 1Introduction to segmental inform2 2 blood of segmental insurance coverage2 2.1The fineness-theorem2 2.2Market efficiency theory2 2.3 commission theory2 2.4Accounting theory3 3The most cardinal segmental reporting standards3 3.1International Accounting Standard 14 (IAS 14)3 3.1.1The International Accounting Standards Committee3 3.1.2The International Accounting Standards come on4 3.1.3IAS 14: Segment reporting4 3.1.3.1Objective of IAS 14 (revised)4 3.1.3.2 pertinency of IAS 14 (revised)4 3.1.3.3Identification of segments5 3.1.3.4Information that has to be give away5 3.2SSAP 256 4Comparison with local GAAPs6 5 evaluation of segmental reporting6 5.1Advantages6 5.2Disadvantages7 5.2.1Costs of segmental reporting7 5.2.1.1pecuniary costs7 5.2.1.2Lost time of management7 5.2.1.3Decrease in venture sense7 5.2.2Difficulties one can experience with the entrance of the reporting requirements7 5.2.2.1Difficulties concerning the identification of segments8 5.2.2.

2Difficulties related to the culture to be disclosed8 Segmental reporting 1Introduction to segmental reporting Segmental reporting can be seen as the analysis of the financial information of an enterprise or group between the different short letter activities and/or the different geographic areas in which it operates . The reason for this reporting division into different business activities and geographic areas is that these have different profit potentials, growth opportunities, degrees and type of risk, rates of return and large(p) needs. Because of these differences, it is possible that consolidated financial statements are not sufficient (these financial statements summarize the results and financial position for the reporting entity as a whole). The disclosure of information about an enterprises effect in different industries, its foreign operations and export sales, and its major(ip) customers, as an integral part of... If you want to get a full essay, order it on our website: Ordercustompaper.com

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