Segment reporting refers to the practice of disclosing financial and operating information about a company’s different business segments or geographic regions. Avoiding segment reporting can be a strategic decision for companies that do not want to reveal detailed information about their operations or that have a complex or diverse business structure.
There are several reasons why a company might choose to avoid segment reporting. One reason is to maintain confidentiality and protect sensitive information. By not disclosing segment-specific data, companies can prevent competitors from gaining insights into their operations and strategies.
