Consistency, on the other hand, doe

Consistency, on the other hand, does matter with
respect to the firm’s internal accounting reports. It is not
only established by the controllers’ reports themselves
(indicated by the significant total effects regarding the
controllers’ tasks ‘reporting’ and ‘accounting information
technology design’ as the underlying auxiliary function),
but also by a close cooperation between the controllers
themselves and the financial accountants.
We assume that our results in this respect could
be expanded to the implementation of IFRS 8/SFAS 131
on segment reporting. Under the management approach,
the segment result has to correspond to the performance
measure reported to the segment’s chief operating
decision-maker. If, for example, a firm uses profit measures
based on a separate accounting system design, the resulting
transitions to GAAP-based group performance could be
perceived as inconsistent by shareholders and other external
stakeholders. An interesting topic of further research
could thus be how capital markets deal with non-GAAPbased
segment performance.