Obtain the most recent annual reports for four FTSE 100 companies of your choice (note: you need to make sure the companies chosen to have more than one operational segment and thus have meaningful segment notes for analysis). Examine the segmental disclosures provided in the segment notes of the annual reports by the selected four companies and comment on the following: a) Based on extracts from the segment notes, how much and what segmental information is provided in the segment notes? discuss whether the companies are in compliance with the relevant accounting standard, and discuss the similarities and differences between their disclosure practices.
Obtain the most recent annual reports for four FTSE 100 companies of your choice (note: you need to make sure the companies chosen to have more than one operational segment and thus have meaningful segment notes for analysis). Examine the segmental disclosures provided in the segment notes of the annual reports by the selected four companies and comment on the following: a) Based on extracts from the segment notes, how much and what segmental information is provided in the segment notes? discuss whether the companies are in compliance with the relevant accounting standard, and discuss the similarities and differences between their disclosure practices.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The four companies we have chosen are:
Deloitte
EY
KPMG
PWC
Obtain the most recent annual reports for four FTSE 100 companies of your choice
(note: you need to make sure the companies chosen to have more than one
operational segment and thus have meaningful segment notes for analysis).
Examine the segmental disclosures provided in the segment notes of the annual
reports by the selected four companies and comment on the following:
a) Based on extracts from the segment notes,
how much and what segmental information is provided in the segment notes?
discuss whether the companies are in compliance with the relevant accounting
standard, and
discuss the similarities and differences between their disclosure practices.
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