Interview Report On The Segment Reporting

. Verizon’s management can improve the company’s segmented financial data by defining the non-GAAP measurement (Segment EBITDA), explaining why utilized and how the measurement reconciles back to GAAP.

2- The Financial statement disclosure is required when a company has two different segments, as is the case of the Sony Entertainment.

Operating Segments: Improving Disclosure From the Bottom Up. (2011, November). Retrieved January 30, 2013, from PWC: http://www.pwc.com/gx/en/audit-services/publications/corporate-reporting/investor-view/operating-segments-improving-disclosure-from-bottom-up.jhtml

It is an important function of any organisation to regulate the external financial reporting. The legislation that governs the external financial reporting is Financial reporting act 2013 (FRA) and The companies act 1993 (Deegan & Samkin, 2013). The Regulation is required to safeguard the interests of those using the financial information but do not directly participate in the business. These users may be both primary and secondary. The information provided by the financial statements are used for making economic decisions by its users (NZASB, 2016a). The regulation of external financial reporting does not only help the external users

To consider this I will be looking at the Income Statement. If the company’s revenue exceeds its expenses it will report net income or will report a net loss. This will report on the success or failure of the company’s operation by reporting its revenue and expenses.

We can learn more from the statement. As it shows the expenses so we can see clearly see where the largest expenses are, this could then be used to identify the immediate areas to focus on when trying to save on expenses.

The requirements of the applicable financial reporting framework relevant to accounting estimates, including related disclosures

As the business environment grows and companies find new ways to expand into their respective - or even new – markets, it is important that reporting standards stay up to date with changes and continue to assist companies in providing their users with useful accounting information. Information is labelled as being useful when it meets the

This paper will analyze these views as they apply to the discloser of segment information for public entities as required by topic 280 of the FASB accounting standards codification, and discussed in Statement of Financial Standards No. 131 (“SFAS 131). The paper is structured as follows: Section II provides an overview of the objective and general purpose of financial reporting and the qualitative characteristics off useful financial information as determined by the Financial Accounting Standards Board (“FASB”), section III introduces the concept of segment reporting and outlines the requirements for disclosures of segment information for public companies, section IV evaluates the relevance of

The purpose of this research report is to understand of two important concepts from the Conceptual Framework for Financial Reporting----the objective of general purpose financial reporting and qualitative characteristics of useful financial information. In this report, Myer Holdings Ltd is as an example to describe these two concepts. This report includes the analysis on whether the disclosure of PPE from Myer Holdings Ltd meets the requirements of AASB 116, especially the requirements of objective

Managerial Accounting reports are primarily used by supervisors, line managers, process owners, as well as executives, to gain a better understanding of the current financial and operational health of the organization. (Internal)

of neither intangible nor tangible assets due to a lack of information and thus assume a

IAS 18 considers the accounting procedure of potential components of revenue organization primarily from transactions involving the sale of goods, rendering of services, as well as through other organizations or individuals property of the reporting organization, giving interest, dividends or royalties. If the probability of the economic

This method defines whether or not a transaction is classified as operating income or non-operating income.

Integrated corporate reporting explains the culture of business organisations to report the performance. The reporting system helps businesses to think effectively about their plans and, strategy make informed resolutions and manage important. With such consideration, they tend to be safe from company failure by building an investor and stakeholder trust. Additionally, these helps in improving the future performance of the organisation. For the reporting to be aired to the public, it has to pass through a team of professionals who evaluate and give the uncertainties on the end report. Business enterprise comes together and forms a union which will help the diversify the business strategies. For a complete group, it comprises of investors businesses intelligent personnel and the operators of the company.