Collection and collation of information for segmental reporting of group of companies

Abstract

Data accumulation for segment reporting of group of companies is a complicated process in terms of methods and organization. The article contains methods summarized and recommendations formulated for data accumulation and generalization for segment reporting disclosed in consolidated statements. Main methods of data accumulation and initial data package formation for consolidating and making disclosures about segments are revealed. Requirements to the automatized system providing segment reporting of group of companies are formulated. Analytical indications for several accounts of the group's unified accounts pattern are elaborated.