Segment reporting remains an important element of financial reporting for public entities. The fundamental principle of Topic 280, Segment Reporting, is that a company’s segment disclosures should be consistent with management’s reporting structure. The primary objective is to enable users of financial statements to “see a company’s business performance through the eyes of management,” i.e., how management assesses and evaluates the performance of the business. Segment reporting disclosures enable financial statement users to be better positioned to understand the public entity’s performance, assess its prospects for future cash flows, and make more informed judgments about the entity’s current performance and prospects.