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How to Determine Reportable Segments

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Sithembile Precious Shange

Good 2025-02-12

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The course was well-structured 2025-02-05

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Very good 2024-12-25

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Straight to the point and perfect English language , thank you 2024-12-05

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Informative Course 2023-11-12

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Course Description

Segment reporting breaks down the operations of a company into manageable pieces, or segments. Public companies must then record detailed financial statements for each operating segment. The goal is to increase transparency for creditors and investors, especially regarding the company's most important operating units.What is the purpose of segment reporting? The objective of segment reporting is to help financial statement users better understand your company's performance, better assess your company's prospects for future cash flows, and make more informed judgments about your company as a whole.What is a segment reporting example? Example of Business Segment Reporting When compiling the bank's financial statements, its financial officer would be required to separate all three of these divisions in terms of their income items as well as the assets listed on the balance sheet.
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