Stay abreast with the latest developments in the professional domain along with in-depth analysis through the monthly BCA Journal. Get access to an engaging library of researched publications from the BCAS stable.
Learn MoreExplore past issues of BCA Journal & indulge in a treasure trove of high-quality professional content across format of print, videos & learning events from the BCAS stable.
Learn More
Segment reporting under IFRS 8 and Ind AS 108 adopts a “management approach,” allowing investors to view a business through the lens of its Chief Operating Decision Maker (CODM). This framework reveals how management allocates resources and assesses performance across various operating components, rather than just legal structures. Key requirements include segment-specific disclosures and entity-wide data regarding products, geography, and major customers contributing over 10% of revenue. Such insights help stakeholders map performance against peers, understand strategic direction, and evaluate exposure to geographical risks. High-quality reporting reduces information asymmetry and enhances transparency. However, common oversights include omitting major customer details or failing to provide entity-wide disclosures for single-segment entities. Ultimately, these disclosures provide a vital analytical tool for assessing enterprise resilience and long-term value creation.
INTRODUCTION: BEYOND MERE DISCLOSURE
Consolidated financial statements show the big picture. But investors want more. Earnings calls prove this every quarter. Analysts routinely break down results by business segment and evaluate key performance indicat
