SEGMENTAL REPORTING OF ORGANIZATIONS, ITS OBJECTIVES, COMPOSITION AND METHODS OF PREPARATION

Abstract

The article is devoted to the study of the main issues that arise in the formation, provision and analysis of segment reporting, as well as the assessment of the work of geographical and business segments. The main provisions and approaches of domestic authors to the existing problems and shortcomings in the field of segmental reporting and accounting are analyzed, directions for their solution are presented. A methodology for generating segmental reporting has been developed, consisting of six successive stages (identification of enterprise segments, allocation of reportable segments, determination of priority segments, recording the results of segmentation in the accounting policy of the enterprise, determination of indicators that are reflected in segmental reporting, assessment of the activities of responsibility centers based on the submitted calculated indicators) and taking into account both domestic and international approaches to its preparation. The concept of “segment” has been clarified from the point of view of its identification, criteria have been defined for classifying segments as reportable (by location or by type of economic activity) and further highlighting them as priority ones, as well as the composition and main content of reporting.