Tag Archives | Disclosures

Examples of Operating Segment Disclosures | Accounting

A majority of companies are organized along product and/or service lines. For example, we show operating segment disclosures for Wyeth in Exhibit 8.4. Wyeth does not disclose interest revenue and interest expense by operating segment because these relate only to administration. Nor does it report income tax expense or benefit by segment because the company evaluates the performance of its [...]

By |2018-05-16T07:35:56+00:00May 16, 2018|Financial Disclosures|Comments Off on Examples of Operating Segment Disclosures | Accounting

Views Justifying Disclosures of Cost Audit Reports

This article throws light upon the top seven views justifying disclosures of cost audit reports. (i) The provisions of the Companies (Amendment) Act, 1974 intends to 'safeguard the interests of the shareholders'. The interests of the shareholders are not merely limited to a satisfactory return on their sums invested. They, as outsider-participants in the capital funds, are interested to judge [...]

By |2016-06-14T08:47:16+00:00June 14, 2016|Cost Audit Report|Comments Off on Views Justifying Disclosures of Cost Audit Reports
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