The relevance of segments reports – measurement methodology

The segment report is one of the areas of financial statements, and it obliges a company to provide infor-mation about the economic situation in each of its activity areas. The article evaluates the change of segment reporting standards from IAS14R to IFRS8 in the context of feature relevance. It presents the construction of a measure which allows the relevance of segment disclosures to be determined. The created measure was used to study periodical reports published by companies listed on the main market of the Warsaw Stock Exchange from three reporting periods – 2008, 2009 and 2013. Based on the re-search results, it was found that the change of segment reporting standards from IAS14R to IFRS8 in the context of relevance was legitimate.