ACCOUNTING STANDARD-17

SEGMENT REPORTING Chand khan Bhagya shree Arun Gaurav

OBJECTIVE
Reporting financial information about:

Different tupes products and services an enterprise produces,and The different geographical area in which it operates.

BENEFIT TO USERS
Better understanding of the perfomance of the enterprise; Assess the risks and returns of the enterprise. Make more informed judgements about the enterprise as a whole

APPLICABILITY
Accounting period commencing on or after April 1,2001 in respect of following enterprises: LISTED ENTERPRISES or those which are in the process of listing Enterprises with annual turnover more than Rs.50 crores

DEFINITIONS
What is business segment? Distinguishable component of an enterprise. Engaged in providing an individual product or service. Subject to risks and returns different from other business segments.

DEFINITIONS
What is A GEOGRAPHICAL SEGMENT? Distinguishable component of an enterprise. Engaged in providing products or services within a particular economic enviroment That is subject to risks and returns that are different from those of components operating in other economic environments

COMPARATIVES
If a segment is identified as a reportable segment in the current period preceding period segment data is presented for comparative purpose, even if that segment did not satisfy the 10% threshold in the preceding period. A segment identifid as a reportable segment in the immediately preceding period should continue to be a reportable segment for the current period even if it does not meet the 10% threshold.

Primary and Secondary segment Reporting Formats

If RISKS AND RETURNS are affected by Differences in the Products and services Operation in different countries or geographical areas

BUSINESS SEGMENT

GEOGRAPHICAL SEGMENT

DISCLOSURES
a. Segment revnue from sales to external customers b. Segment revenue from transactions with other segments c. Segment result d. Total carrying amount of segment assets; e. Total amount of segment liabilities; f. Additions to tangibile and intangible fixed assets; g. Depriciation and amortisation for the period h. Significant other non cash expenses

THANK YOU