弗洛伊德·A·比姆斯-高级会计学（第10版）Beams10e_Ch14.pptVIP

Beams, Advanced Accounting 10e, Ch. 14 ? Pearson Education, Inc. publishing as Prentice Hall Operating Segments FASB Statement No. 131 governs segment reporting Firms internal reporting and evaluation system: If it is geographically based External segment reporting is geographically based If it is product-line or industry based External reporting is product-line or industry based Operating Segment (def.) A component of a business enterprise Engages in business activities Revenues and expenses Includes intercompany amounts Operating results are reviewed by chief operating decision maker Discrete financial information is available Excludes pension and post-retirement plans, general corporate headquarters Combining Segments Similar economic characteristics Products and services Production processes Classes of customers Distribution systems Regulatory environment, if applicable Tests of Segments Three tests to see if a segment exists: 10% Revenue test 10% Profit or loss test 10% Asset test One test to see if sufficient segments have been identified 75% External revenue test 10% Revenue Test Segment reported revenue, including intersegment revenues, is 10% or more of the combined revenue of all operating segments. Combined includes all other category Intersegment revenues are not eliminated so that combined revenue may be consolidated revenue Example: 10% Revenue Test A segment is reportable if its total revenue ≥ 10% of combined segment revenue. Threshold = 10%(1,500) = $150 Transportation ($360) and Oil refining ($885) are reportable segments. 10% Asset Test Segment assets are 10% or more of combined assets of all operating segments. Combined includes all other Use the segments identifiable assets General corporate assets May be excluded or included Consider organization of assets for decision making purposes Combined assets of segments may be less than total corporate assets Example: 10% Asset Test A segment is reportable if its identifiable assets ≥ 10% of comb