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segmental reporting
Essay specific features
Written by:
Alise M
Date added:
March 11, 2014
Level:
University
Grade:
A
No of pages / words:
10 / 2676
Was viewed:
6301 times
Rating of current essay:
Essay content:
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 capital 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)...
displayed 300 characters
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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 capital 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)...
displayed 300 characters
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