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The employee's contribution to a nonqualified pension plan cannot be deferred, and the employer is not allowed a tax deduction for the contribution even though the employee includes the contribution in their income.
Disaggregated Financial Information
Financial data that is broken down into smaller units such as revenues by geographical locations, segments, or product lines, often to provide a clearer insight into the financial health of a company.
Segment Disclosures
Financial reporting requirements that necessitate the breakdown of a company's operations by product line, geographical area, or other segmentation.
Operating Segment
A distinct unit within a business that generates revenues and incurs expenses related to operations, which is analyzed by the company's management to make decisions.
Geographical Segment
An identifiable part of a company that operates in a specific geographical area, distinct in its operations and financial reporting from other regions.
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