Defining Issues | October 2022
Proposals would require disclosure of significant segment expenses, and enhance disclosures in annual and interim reporting.
The proposed ASU addresses stakeholder requests for more decision-useful information about reportable segments – expanding the breadth and frequency of segment disclosures.
The proposed amendments would require a public entity to:
The proposed amendments would also allow a public entity to disclose more than one measure of segment profit or loss if the CODM regularly reviews multiple measures.
KPMG comment letter
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Podcast: Segment reporting
We discuss the FASB's proposal to amend segment reporting disclosures.
Expense disaggregation
KPMG professionals discuss FASB projects relating to expense disaggregation.
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