segment reporting AS17

1. Submitted by:-
Parsi karayala
Roll no:-
1700104047029
submitted to :-
Miss. Pooja verma

2.  segment reporting includes in:-
1. IFRS- 8
2. AS-17
3. Ind AS- 14
Segment reporting is the reporting of operating segment of
a company in the disclosures accompanying it’s financial
markets.
A segment may be in the form of a subsidiary or division or
a department, and In some cases a joint venture.

3.  According to the AS 17, there are two types of
segment :-
1. business segment
2. geographical segment
1. Business segment:- business segment is a
distinguishable part of an enterprise that is
involved in providing an individual product or
service or a group of related product or services
and that is subject to risks and returns that are
different from those of other business segment.

4. 2. Geoghraphical segment:- geographical
segment is distinguished part of an enterprise
that is involved in providing products or
services within a particular economic
environment and that is subject to risk and
returns that are different from those of
components operating in other economic
environments.

5.  Better investment decision
 True and fair value
 Better utilisation or allocation of resources
 Equillibrium in share price
 Better credit division
 Better understanding of performance
 Better understanding of risk and return
 Easy judgement

6.  Information related to the revenue
 Information related to foreign sale
 Information related to profit
 Information related to customer
 Major sale
 Other information

7.  Allocation of common cost
 Cost of segment disclosure
 Increase in competition
 Difficulty in finding out profit of one product
 Management conservatism