|Publication type:||Article in scientific journal|
|Type of review:||Peer review (publication)|
|Title:||The roadmap to effective segment reporting : at the core of value discovery|
|Published in:||Zeitschrift für internationale Rechnungslegung|
|Publisher / Ed. Institution:||Beck|
|Subject (DDC):||657: Accounting|
|Abstract:||Current segment reporting does not assist investors in their use of valuation models. Investors would like more segment-level information. These are key findings of the Post-Implementation Review (PIR) of IFRS 8 (2013) and PIR SFAS 131 (2012). They highlight that the development and improvement of segment reporting is long overdue. Although it is a critical cornerstone for forecasting future firm performance and firm value, the current status quo of segment reporting does not enable investors to perform segment analysis with a focus on operating activities, profitability, and growth. In order to address key concerns of the PIR on segment reporting, the IASB proposes the disclosure of additional line items to the segment statements (IFRS 8 Staff Paper, October 2016). The authors appreciate the IASB’s initiative to improve segment reporting. At the same time, the authors would like to emphasize that segment reporting from the investors’ perspective can only be improved if it aims to identify value drivers, thus sharpening the focus on operations.|
|Fulltext version:||Published version|
|License (according to publishing contract):||Licence according to publishing contract|
|Departement:||School of Management and Law|
|Organisational Unit:||Institute for Financial Management (IFI)|
|Appears in collections:||Publikationen School of Management and Law|
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.