The objective of this research is primarily to indicate the role of the segmentdisclosure
instrengthen the relevance of financial reports, through the statement of the role of the
segmentinformation in enhance the ability to predict the market pric
e of the shares, and the
stockshare of future operating cash flows.
To achieve this, the search is divided into two parts: theoretical and practical, the first part, is
about the concept of segment disclosure and the nature of the information provided about the
facility and ways to divide the property into segments, and indicate theconcept ofrelevance
financial reports, and the characteristics that make the financial reports, relevance to the needs of
users, and then show the importance informational content segment disclosure in promoting
therelevanceof financial reports.
This research aims to show the extent of the commitment of listed companies on the
Damascus Securities Exchange of segment disclosure in accordance with the requirements
of the International Financial Reporting Standard IFRS (8) "Operating Segments
", as the
segment disclosure provides more details of the information collected at the macro level of
the facility, since the segments of facility in some cases, similar to an independent and
complete units ,each with its own characteristics to be disclosed separately.
This research is divided into two parts: Theoretical and Empirical, in the first part the
researcher takes the concept of segment disclosure and the nature of the information
provided about the facility, and the historical development of the segment disclosure at the
level of international accounting standards, and then displays the requirements of the
standard IFRS (8) "Operating Segments".
The Empirical study is conducted by analyzing and comparing the disclosed segment
information in the financial reports of the listed companies in the Damascus Securities
Exchange, with the segment information required to be disclosed in accordance with the
requirements of the standard IFRS (8) "Operating Segments", The researcher found that
there are two companies from listed companies do not disclose any segment information,
and that companies disclose about their segments, do not comply fully with the
requirements of the standard IFRS (8) and segments information disclosed is the closest to
the requirements of the segments disclosure in accordance with the previous standard IAS
(14).The results of the empirical study showed that the listed companies in Damascus
Securities Exchange disclose basis for the determination of operating segments covered in
the financial reports, as it discloses information about profit or loss, income and expenses,
assets and liabilities for its operating segments in accordance with the requirements of the
standard IFRS (8), while they do not commit to segment disclosures required at the macro
scale property.
