2024 Segmented Information and Reporting Requirements, accounting homework help

Segmented Information and Reporting Requirements, accounting homework help

Business Finance Assignment Help 2024

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