This assignment provides an in-depth analysis of segment reporting and its benefits to shareholders, as per New Zealand Equivalent to International Financial Reporting Standard 8 (NZ IFRS 8). The student is required to explain the importance of segment reporting, including true and fair view, risk assessment, investment and credit decisions, and profitability analysis. Additionally, the student must identify reportable segments using the revenue approach, profit approach, and net asset approach, as per NZ IFRS 8 criteria.