Corporate Reporting
ASSIGNMENT SUBMISSION SHEET Course Title: BSC (Hons) in Accounting and Finance
Module Title: CORPORATE REPORTING
Team Members: 1. LEE KEE TAR, UB: 11034518 2. JULIANA BTE ABDUL RAHMAN, UB: 11034517 3. VITHIA SUBRAMANIAM, UB: 11034521 4. ANG MING LIANG, UB: 12038344
Title: SEGMENT DISCLOSURE ARE WIDELY REGARDED AS SOME OF THE MOST USEFUL DISCLOSURE IN FINANCIAL REPORTS BECAUSE OF THE EXTENT TO WHICH THEY DISAGGREGATE FINANCIAL IMFORMATION INTO MEANINGFUL AND OFTEN REVEALING GROUPS.DISCUSS
Word Count: 2554
Lecturer: MR LIM KAIM SOON
Batch number: BAFE1 1232A
SUBMISSION DATE: 24th NOVEMBER 2014
TABLE OF CONTENT
Executive Summary
1a
Discuss the objectives of segmental information in annual reports
1b
Discuss the requirements for the disclosure of segmental information in annual reports
2a (i)
Based on the extracts from the segment notes, how much & what segmental information is provided in the segment notes?
2a (ii)
Discuss whether the companies are in compliance With the relevant accounting standards?
2a (iii)
Discuss the similarities and differences between their disclosure practice
2b
What the segmental disclosures indicate about the relative performance of the segments within each of those companies?
2c
What factors could potentially help to explain the differences/similarities in the segmental disclosure practices of the selected companies?
2d
Comment on whether the information is useful and sufficient to allow shareholders to make informed investment decisions.
2e
Discuss the implications of your analysis and findings, such as policy implications.
Executive Summary
This report is to provide an overview of segmental disclosure in the financial statements of companies. The growth of large and diversified companies has presented difficulties for users of financial reports in the assessment of its performance and cashflow as well as the risks
Module Title: CORPORATE REPORTING
Team Members: 1. LEE KEE TAR, UB: 11034518 2. JULIANA BTE ABDUL RAHMAN, UB: 11034517 3. VITHIA SUBRAMANIAM, UB: 11034521 4. ANG MING LIANG, UB: 12038344
Title: SEGMENT DISCLOSURE ARE WIDELY REGARDED AS SOME OF THE MOST USEFUL DISCLOSURE IN FINANCIAL REPORTS BECAUSE OF THE EXTENT TO WHICH THEY DISAGGREGATE FINANCIAL IMFORMATION INTO MEANINGFUL AND OFTEN REVEALING GROUPS.DISCUSS
Word Count: 2554
Lecturer: MR LIM KAIM SOON
Batch number: BAFE1 1232A
SUBMISSION DATE: 24th NOVEMBER 2014
TABLE OF CONTENT
Executive Summary
1a
Discuss the objectives of segmental information in annual reports
1b
Discuss the requirements for the disclosure of segmental information in annual reports
2a (i)
Based on the extracts from the segment notes, how much & what segmental information is provided in the segment notes?
2a (ii)
Discuss whether the companies are in compliance With the relevant accounting standards?
2a (iii)
Discuss the similarities and differences between their disclosure practice
2b
What the segmental disclosures indicate about the relative performance of the segments within each of those companies?
2c
What factors could potentially help to explain the differences/similarities in the segmental disclosure practices of the selected companies?
2d
Comment on whether the information is useful and sufficient to allow shareholders to make informed investment decisions.
2e
Discuss the implications of your analysis and findings, such as policy implications.
Executive Summary
This report is to provide an overview of segmental disclosure in the financial statements of companies. The growth of large and diversified companies has presented difficulties for users of financial reports in the assessment of its performance and cashflow as well as the risks