As a service for analysts, institutional investors and journalists, the Group informs in advance on modifications of its format for segment reporting
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.
14 /PRNewswire-FirstCall/ -- International Paper today announced that it has updated the historical financial statements included in its 2006 annual report to reflect first-quarter 2007 changes in segment reporting
and the adoption of the direct method of accounting for planned major maintenance expenses.
Financial analysts, merger and acquisition managers, and others researching the strengths and weaknesses of competitors should be interested in understanding the required segment reporting
disclosures under Statement of Financial Accounting Standards (SFAS) No.
Some of the short-term standards include: income taxes, borrowing costs, joint ventures, R & D and segment reporting
6 million in revenues during the previous fiscal year, with the Fuel Cell Systems segment reporting
"record" revenues of $16.
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.
For many years, analysts and other users of external financial reports have expressed concern about the form and usefulness of the segment reporting
companies include in these statements.
announced today that it will hold a conference call to review segment reporting
131, the segment reporting
document for public companies, has been in the literature for three-plus years, Munter notes.
Since the new accounting method (IFRIC 15) does not reflect the way that the Senior Executive Team and the Board of Directors monitor operations, a new segment reporting
method will be presented, in which recognition of capital gains is based on the date when a binding sales contract is signed.
NEW YORK, April 17 /PRNewswire/ -- American Express Company today filed a Form 8-K with the Securities Exchange Commission noting that, as previously reported, it will modify its business unit segment reporting
to reflect organizational changes made in last year's third quarter.