Has Business Segment Disclosures under SFAS No. 131 Improved in the Last Ten Years? (2013-2004)

Robert D Bell

Accounting and Finance Research, 2015, vol. 4, issue 2, 78

Abstract: The purpose of this paper is to determine if business segment disclosures under SFAS No. 131 has improved in ther last ten years. The paper analyzes ten years (2013-2004) of segment disclosures of 200 of the Fortune 500 listed companies reporting under SFAS No. 131. For each of these ten years, the anlysis specifically includes the number of segments reported; the number of companies which changed the name of one or more of their segments; the actual number of line-items reported for each segment; the general catagory of line-items reported for each segment; the number of geographic areas reported; the names of the geographic areas reported; and the names of the countries reported;. The paper finds that segment disclosure practices have remained virtually unchanged over this ten year period -- thus calling into question whether SFAS No. 131 is truly achieving its purpose, as the Financial Accounting Foundation (FAF) stated it is in its January of 2013 post-implimentation review (PIR) of SFAS No. 131.

Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.sciedupress.com/journal/index.php/afr/article/download/6543/4274 (application/pdf)
https://www.sciedupress.com/journal/index.php/afr/article/view/6543 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jfr:afr111:v:4:y:2015:i:2:p:78

Access Statistics for this article

More articles in Accounting and Finance Research from Sciedu Press Contact information at EDIRC.
Bibliographic data for series maintained by Sciedu Press ().