quantitative thresholds

Presentation1

1. 280-10Overall280 Segment Reporting

   ASC 280-10 requires public entities to disclose information about their operating segments using the "management approach" — segments are the components whose discrete financial results the chief operating decision maker (CODM) regularly reviews to allocate resources and assess performance (280-10-50-1). Operating segments that meet the 10 percent revenue, profit/loss, or asset thresholds (or are needed to reach the 75 percent of consolidated revenue floor) are reportable, and the entity must disclose segment profit or loss, assets, significant segment expenses, and reconciliations to consolidated amounts. All public entities, including single-reportable-segment entities, must also give entity-wide disclosures about products and services, geographic areas, and major customers.