This document discusses segment reporting under IFRS 8, AS 17, and Ind AS 14. It defines two types of segments: business segments, which are parts of an enterprise involved in providing individual or related products/services subject to different risks and returns, and geographical segments, which provide products/services within different economic environments subject to different risks and returns. Benefits of segment reporting include better investment decisions, fair valuation, resource allocation, share price equilibrium, credit divisions, performance and risk/return understanding, and easy judgement. Information disclosed includes revenue, foreign sales, profit, customers, major sales, and other details. Challenges include allocating common costs, disclosure costs, increased competition, determining single product profits, and management

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