Handbook: Segment reporting
Latest edition: KPMG’s updated guidance on and interpretation of ASC 280, Segment Reporting – with analysis, Q&As and examples. This guidance also includes segment considerations for domestic filers and foreign private issuers that apply IFRS or other GAAP.
Applicability
ASC Topic 280
- Public entities (as defined by ASC 280)
Relevant dates
Key impacts
- Provides interpretive guidance on ASC 280, including illustrative examples and Q&As
- Addresses specific segment reporting issues
- Includes segment considerations for both domestic filers and foreign private issuers applying IFRS or other GAAP
- Discusses the interaction between ASC 280 and other FASB Codification Topics
Report contents
- Scope
- Identify the CODM
- Identify and aggregate operating segments
- Determine reportable segments
- Segment disclosure requirements
- Restatement of previously reported information
- Entity-wide information
- SEC filings: US companies
- SEC filings: non-US companies (FPIs)
- Interaction with other Topics
Related content
Webcast: Segment reporting under ASC 280
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