Summary of Statement No. 14
Summary of Statement No. 14
Financial Reporting for Segments of a Business Enterprise (Issued 12/76)
Summary
This Statement requires a publicly held business company to
present, for each segment of its operations qualifying as a
reportable segment, information on revenues, profitability,
identifiable assets, and other related disclosures (such as the
aggregate amount of a segment's depreciation, depletion,and
amortization expense). Similar information is required to be
reported on a geographic basis for those companies having foreign
operations and export sales. If 10 percent or more of the revenue
of a company is derived from sales to any single customer, that
fact and the amount of revenue from each customer must also be
disclosed. Finally, this Statement requires that a company
operating predominately or exclusively in a single industry
identify that industry.