Listed Companies Segment Reporting Of

With rapid advance of the market-economy in China, a great number of listed companies have been emerging. This kind of enterprise diversifies its operations in several industries and markets that are differed in characteristics, risks and earning powers. Therefore, the usefulness of consolidated financial information based on the whole enterprise is decreased. The popularity of diversified operations promotes the origination and development of segment report.Hitherto, reporting segment information has been an international convention. Many countries have issued standards and systems to regulate the disclosing of segment information. FASB and IASC are two leading organizations in this field by their deep and broad study referred to the recognizing of segment, the classifying of segment, the identification of reportable segment, the required disclosures and the disclosing format and periods.Segment report is new to our country. Requirements related to segment report are not complete and concrete. In my thesis, I appraise both the positive effects and deficiencies of current regulations in our country. Furthermore, I put forward a couple of initial suggestion for improving segment report by considering our reality and absorbing worldwide research results. I expect it can be helpful to the theoretical research and practical application of segment report in China.