Question
Would someone please help me answer the discussion question below. Segmented Information and Reporting Requirements Please respond to the following: ?Suppose that management is considering
Would someone please help me answer the discussion question below.
"Segmented Information and Reporting Requirements" Please respond to the following:
?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.
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/667dd7bcd69b2_260667dd7bcbb482.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started