line-of-business reporting

Line-of-Business Reporting

A convention some companies use in their financial statements in which they report information by sector. For example, a single publicly-traded company that engages in agriculture, mining, and manufacturing may report revenue, sales, and profits/losses for each field individually. This allows a company to show its investors what parts of the company are performing better relative to the others. It also prevents one sector that is overperforming or underperforming from unduly influencing a financial statement.

line-of-business reporting

References in periodicals archive ?
The company anticipates that financial data and line-of-business reporting for these divisions will become available starting with the December 31, 2000, quarterly reporting period, allowing management and stockholders to evaluate the relative financial performance and prospects of the divisions.
The firm's rapid growth in recent years and increasing attention to line-of-business reporting have been outpacing the ability of the existing time and billing accounting system, prompting a search for a new package.