What is the rationale for adopting the management approach, accounting homework help

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All assignments must be typed in Times New Roman
or Arial, size 12, 1.5 to 2.0 spacing, justified (align to both left and
right), have the standard cover sheet and be signed by the group members
stating that the work is original. Harvard referencing must be used, failure to
do so will result in loss of marks

The main purpose of this assignment is to
provide students with the opportunity to apply the knowledge in the topic of
segment reporting.  Each group must
submit an essay on ‘segment reporting’ (Chapter 24 in prescribed textbook).  Segment reporting generally refers to the
disclosure practice of diversified groups to report their results generated
from units operating in markets with different profitability, risks and growth
potential.  The current accounting
method, AASB 8, adopts a management approach to segment reporting


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