Segment reporting provides an opportunity for companies to increase the value of the information they disseminate their industry and geographic operations. Examines the "management approach" to segment reporting from a user perspective. Management approach to segment reporting requires companies to report segment financial information in accordance with the way they run their business. Concludes that, despite the segment data in the reports, the potential of a new approach to the benefit greatly undermined uneven match between reporting companies. Participation by external auditors in accordance defects must involve all stakeholders in the financial statements. Note two big examples of accounting fraud and considers how the management approach sheds light on the operations of Enron, WorldCom while hidden important information segment in connection with the possible misconduct of the auditor. "Hide
by Jack W. Paul, James A. Largay Source: Business Horizons 8 pages. Publication Date: July 15, 2005. Prod. #: BH126-PDF-ENG
