A segment, in accounting, refers to a distinct part of a business entity that is identified for financial reporting purposes. The definition of a segment typically includes divisions, subsidiaries, or product lines that generate revenues and incur expenses. Segments are analyzed separately to provide insights into the financial performance and risks of different areas within a company. This term is crucial for stakeholders to assess profitability and resource allocation.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
