WK7AssgnPollT.docx Choosing Business-Segment Disclosures Walden University ACCT 6140
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WK7AssgnPollT.docx Choosing Business-Segment Disclosures Walden University ACCT 6140 ACMG 6140: Current Trends in Accounting Standard 14:24:55 GMT -05:00 The Financial Accounting Standards Board (FASB) sets the accounting standards for business segment reporting and requires that all segments are aligned with the company's reporting structure. It doesn't mean to report all the segments but to report those segments that made 10% of total profits or total assets (Investopedia). Business segments can be components of a business that generates its revenue, product, product line, services, and offerings. Coca-Cola Company's operational structure includes four geographic operating segments: Europe, Middle East & Africa; Latin America; North America, and the Asia Pacific. They also have other business segments: Bottling Investment Group (BIG) and Global Ventures (GV). This paper will consider an article
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WK7AssgnPollT.docx Choosing Business-Segment Disclosures Walden University ACCT 6140
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