Business segment reporting

Reporting the results of the separate divisions or subsidiaries of a business.

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.

References in periodicals archive ?

FASB Will Review Business Segment Reporting Concerns,"

Improving internal control over segment reporting: The principles of ASC Topic 280 pave the way toward meeting financial reporting objectives

The Financial Accounting Standards Board (FASB) will review the issues raised by the Post-Implementation Review of its business segment reporting standard with its stakeholders and the staff of the U.

FASB Responds to Financial Accounting Foundation's Post-Implementation Review Report on Statement 131 on Segment Reporting

RPM experienced balanced growth between its two operating segments, with the industrial business segment reporting an increase of one percent over last year's first quarter results, and the consumer business segment reporting an increase of more than two percent over the same period last year, according to the company.

RPM's net income climbs 21% in fiscal 1st quarter. (Financial News)

In the short term, he says executives must deal with FASB Statement 131 on business segment reporting and must continue to find shareholder value, which he calls "the driver in all our businesses.

The baton, please

The International Accounting Standards Committee published revised standards on business segment reporting and presentation of financial statements.

IASC revises two standards

Effective with the quarter ending March 31, 2010, the Company has realigned its business segment reporting structure to reflect changes to its internal management and organizational structure over the past year.

AGCO Announces 2010 First Quarter Earnings Release and Conference Call and New Reporting Segments

Business Segment Reporting - Other Corporate Expense-net

Eaton Reports Third Quarter Earnings Per Share of $1.14

NYSE:CYT) announced today a change in its business segment reporting structure to align with the organizational changes implemented in the second quarter 2009.

Cytec Announces Update to Operating Segments

The changes in the business segment reporting did not impact the international segments and did not have a material impact on the segment assets of the North American operations.

Sara Lee Restates Business Results for Fiscal 2007 and 2008 to Reflect Removal of Mark-to-Market Accounting in Each Segment

FCG today filed with the Securities and Exchange Commission its Form 10-Q for the third quarter ended September 28, 2007, including consolidated financial tables and business segment reporting.

First Consulting Group (FCG) Reports Third-Quarter 2007 Results

We modified our business segment reporting to include four reportable segments in the fourth quarter of Fiscal 2006.

World Wrestling Entertainment, Inc. Reports 2006 Transition Period Results

During the fourth quarter of 2006, Merrill Lynch modified its business segment reporting to reflect the management reporting lines established as a result of the BlackRock/MLIM merger, as well as to better reflect the economic and long-term financial performance characteristics of the underlying businesses.

Merrill Lynch Reports Record Net Revenues, Net Earnings and Diluted EPS for Full Year 2006