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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The main purpose of this assignment is to provide students with the opportunity to apply the knowledge in the topic of segment reporting. Each group must submit an essay on ‘segment reporting’ (Chapter 24 in prescribed textbook). Segment reporting generally refers to the disclosure practice of diversified groups to report their results generated from units operating in markets with different profitability, risks and growth potential. The current accounting method, AASB 8, adopts a management approach to segment reporting. In this assignment, you are required to critically discuss the determinants and consequences of this approach to segment reporting. Your discussion should cover at least all of the following areas. Question 1 .Do you expect the number of reportable segments to increase or decrease after the adoption of AASB 8? Why? Provide evidence to support your argument by using two companies listed on the ASX.
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