Segment reporting generally refers to the disclosure practice of diversified groups to report their results generated from units operating in markets with different profitability, risks and growth potential. The current accounting method, AASB 8, adopts a management approach to segment reporting. In this assignment, you are required to critically discuss the determinants and consequences of this approach to segment reporting. Your discussion should cover at least all of the following areas. This is a group assignment. I was assigned to do following part; 1. Critically analyse the advantages of the management approach and use examples by using a company listed on the ASX to support your claim.