UK Gaap pp 873-916 | Cite as

Segmental reporting

  • Mike Davies
  • Ron Paterson
  • Allister Wilson

Abstract

Segmental reporting involves the reporting of disaggregated financial information, such as turnover, profits, assets etc., about a business entity. This information is generally analysed in two ways:
  1. (a)

    by industry segment. Industry segments are the distinguishable components of an entity each engaged in providing a different product or service, or a different group of related products or services, primarily to customers outside the entity;1

     
  2. (b)

    by geographical segment. Geographical segments are the distinguishable components of an entity engaged in operations in individual countries or groups of countries within particular geographical areas.2

     
Segmental reporting has been debated since the early 1960s; that period being significant for the rapid emergence and growth, especially in the US, of the multinational conglomerate business entity.

Keywords

Europe Petroleum Income Marketing Expense 

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References

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Copyright information

© Ernst & Young 1992

Authors and Affiliations

  • Mike Davies
    • 1
  • Ron Paterson
    • 1
  • Allister Wilson
    • 1
  1. 1.Ernst & YoungUSA

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