The AASB 114 applies to entities that work 'for profit'. Principles for reporting financial information by segment information about its products and services and the location and is used for its financial reports.

Segment reporting will help various vendors because they can determine if they will continue to do business with the organization. It also helps vendors make changes with their processes, that will ultimately help the business make money.

Clive R. Emmanuel has written:

'Accounting for management control' -- subject(s): Managerial accounting

'Segment Reporting'

AS 17, is a disclosure standard meaning that it involves only disclosure of a certain information in the financial statements by the way of additional information.

This analysis could prove time-consuming. When the sector shares resources or capital among the others, it is hard to qualify how each sector is performing.