Program Description: The objective of the course is to enable participants to comprehend the accounting for segment reporting under ASC 280, with a focus on the identification and disclosure of reportable operating segments. This program utilizes practical examples and case studies from different industries to demonstrate the aggregation criteria and quantitative thresholds for segment reporting. It addresses the latest updates, implementation challenges, and disclosure requirements, ensuring participants can confidently apply ASC 280 – Segment Reporting principles in their professional roles. The course also covers in-depth topics such as the determination of the chief operating decision maker, the identification of operating segments, and the required disclosures for reportable segments and entity-wide information.

Course Coverage:

1.      Overview of ASC 280

2.      Identifying the chief operating decision maker and operating segments

3.      Aggregation criteria and quantitative thresholds for reportable segments

4.      Required disclosures — segment and entity-wide information

Learning Objectives:

1.      Recognize the principles that govern the identification and reporting of operating segments under ASC 280.

2.      Distinguish between operating segments and reportable segments and understand the aggregation criteria and quantitative thresholds that determine reportability.

3.      Apply the rules to determine reportable segments, including the 10% and 75% tests, and to aggregate segments that meet the aggregation criteria.

4.      Understand how to prepare and present segment disclosures in the financial statements, including measures of profit or loss, assets, and other required information.

5.      Comprehend the criteria used to determine the chief operating decision maker and the information reviewed in assessing segment performance.

Passing Score: 70%

Validity of the course: 1 year from date of enrolment

Available from: August 2025

Available Discount: Group discounts of 10% available for 5 or more participation

Last Updated: August 2025

Program Registration: To register for the program, please visit www.eyvirtualacademy.com and click on Add to Cart to register for the program.

Program Access: The participants will have access to the program for a period of 1 year starting from the date of enrolment.

Keywords: Segment Reporting, Operating Segments, Reportable Segments, Chief Operating Decision Maker, Aggregation Criteria, Quantitative Thresholds, Entity-Wide Disclosures, Management Approach, Geographical Areas, Major Customers, Disclosure Requirements, Financial Statement Presentation, US GAAP, Accounting, Online Learning, CPA, CPE, Certification.

Special Notice:

•        Ernst & Young Associates LLP-India is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

•        CPE credits will be awarded upon successful completion of the content and passing the exam on securing 70% or above.

•        Each Participant has the flexibility to take unlimited attempts to clear the assessment.

•        Contact Ernst & Young Associates LLP-India (askeyexpert@in.ey.com) for assistance.

Complaint Policy: For any content related query, you may write to askeyexpert@in.ey.com. For any complaints you may connect with chandra.kargeti@in.ey.com. Escalation: neha.tuteja@in.ey.com

Refund Policy: We do not offer refunds once the participants have accessed any course materials. Course material includes videos, content, quizzes and assessments.