ASC Insights Series – 280 Segment Reporting

Welcome to our “Uniqus’ ASC Insights Series: Guide to Accounting Standards,” where we combine our collective wisdom to understand various Accounting Standard Codifications (ASCs) comprehensively and in a crisp manner. This series is an invaluable tool for accounting professionals, offering detailed explanations, illustrative examples, and our expert point of view. Designed to support your professional journey, this guide helps you navigate complex accounting scenarios and deepen your knowledge. ASC 280 provides guidance on Segment Reporting requirements for public entities. With the objective to enable users of financial statements to “see a company’s business performance through the eyes of management”, ASC 280 provides the principles for segment reporting in financial statements.