Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

How We Work

We bring together passionate problem-solvers, innovative technologies, and full-service capabilities to create opportunity with every insight.

Learn more

Careers & Culture

What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

Learn more

Podcast: Segment reporting

11.07.2022 | Duration: 11:42

We discuss the FASB's proposal to amend segment reporting disclosures.

Listen now
Backward 10s Play Pause Forward 10s

Podcast Overview

KPMG professionals discuss the recently proposed segment reporting standards update from the FASB. The changes would enhance disclosures in annual and interim reporting, and require public companies to disclose significant segment expenses. 


Public entities (as defined by ASC 280) and other entities that report segment information under ASC 280.

Relevant dates

  • FASB issued proposed ASU: October 6, 2022
  • Comments due: December 20, 2022

Key impacts

The proposed ASU would enhance segment reporting under ASC 280 by expanding the breadth and frequency of segment disclosures.

Report contents

  • 00:50 - History of segment reporting 
  • 03:40 - Significant expenses 
  • 04:35 - 'Easily computable' expenses 
  • 05:45 - Interpreting the term 'significant' 
  • 06:20 - Other general categories 
  • 09:35 - Proposed transition

Explore more

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.