Reporting unit


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A Reporting Unit is:

An operating segment or one level below an operating segment (referred to as a component). A component of an operating segment, if the component constitutes a business for which discrete financial information is available and segment management regularly reviews the operating results of that component.
Two or more components of an operating segment shall be aggregated and deemed a single reporting unit if the components have similar economic characteristics.
An operating segment shall be deemed to be a reporting unit if all of its components are similar, if none of its components is a reporting unit, or if it comprises only a single component.

The relevant provisions of Statement 131 and related interpretive literature shall be used to determine the reporting units of an entity.

See Paragraph(s) 30 - 31 of SFAS 142.