All rights reserved. Segment disclosures are intended to provide a view of the business through the eyes of management. Rather the measure to be disclosed is the measure of profit used by the CODM in making decisions about allocating resources and assessing performance. Further, some users have expressed concerns with the aggregation of segments for reporting purposes. Explore the concepts of segments and NCIs disclosure and reporting using the course. While the standard allows aggregation into reportable segments under certain circumstances, users have indicated that they would generally find more disaggregated information beneficial. the segment or segment reporting the revenues. The standard applies to financial statements beginning on or after 1 January 2009. Management Discussion & Analysis (MD&A) – Companies are required to provide an analysis of the consolidated financial condition, operating performance and liquidity of the company. This course provides an overview of the accounting and reporting requirements with respect to segment reporting. Effective date of the standard outside the European Union. You may learn more about financing from the following articles –, Copyright © 2020. We recently surveyed CFA Institute members, including portfolio managers and analysts. Which units are to be reported as per segmental reporting? It helps potential investors in better investment decisions. Some stakeholders have raised concerns over management’s aggregation of segments for reporting purposes, the number of segment realignments, and the lag in providing recasted segment data to the market following any realignment. items of revenue and expense are included in segment revenue and segment expense Understanding Business Segment Reporting . All differences from segment reporting as compared to GRAP requirements must be reconciled to the entity’s statement of financial position and statement of financial performance. Each unit deals with different products. It helps management to decide whether to expand the segment or sell off the segment. By closing this banner, scrolling this page, clicking a link or continuing to browse otherwise, you agree to our Privacy Policy. Transparency – Aggregation of two or more segments is currently permitted because the FASB decided that separate reporting of operating segments with similar characteristics and essentially the same future prospects would not add significantly to an investor’s understanding of the reporting entity. This disclosure could be achieved by providing supplemental information in a Current Report on Form 8-K or putting the information on the company’s website. The measure reported should be the measure actually used by the CODM to monitor the segments performance and may be a non-IFRS measure. 14 required corporations to disclose certain financial information by "industry segment" as defined in the statement and by geographic area. Cash flow information by segment is not required. Each member firm is a separate legal entity. Segment Reporting is the disclosure of financial details of key units or segments by public companies and is based on certain regulatory requirements. The base of the segment is also different as some organization divides the segment based on geographical location, and some organizations divide based on product-wise. Segment disclosures are intended to provide a view of the business through the eyes of management, and provide insight into how management has structured the company to monitor and manage its businesses. The Revenue, Profits, and the Assets of each unit is shown as under –, Assets of the unit are greater than or equal to 10 percent of the organization’s. Segment disclosures included in the notes to the financial statements provide users with insights into how the chief operating decision maker (CODM) allocates resources and assesses the performance of the company’s segments. Require the disclosures in Topic 280, Segment Reporting, to be reported in a … • Determination of reportable segments. In the interim, there are a number of actions companies can consider now to enhance their disclosures beyond existing requirements. In addition, some links exist between IFRS 8 and IAS 36 as IAS 36 requires that each cash-generating unit or group of Segment disclosures may form the building blocks for investor valuation models. The accounting and reporting guidance related to segment reporting is prescribed by the Financial Accounting Standards Board (FASB) in ASC Topic 280. In other words, segment reporting for GAAP vs. IFRS should be virtually the same. For a better analysis of the risk and returns of the organization. Segment Disclosure Requirements For segment disclosure requirements, three alternatives were considered. segment detail provided by public companies and believe that generally there should be more segments and more disclosures about those segments. The disclosures are based on “management’s approach,” and are intended to provide stakeholders with a view of the business through the eyes of management. While the FASB considers whether changes are necessary to the standard, companies can take actions now that could supplement their segment reporting beyond existing requirements. To make the accounts more transparent and understandable. Prepare an executive summary paper on reporting and disclosure issues related to segment and NCI within a 10K that must include the following: a. These problems are driven by three main areas of the standard: (a) segment identification, (b) aggregation of operating segments into reportable segments, and (c) the segment disclosure requirements. © 2016 - 2020 PwC. The unit is to be reported as per segment reporting if –, Accordingly, the calculation of each unit given above for segmental reporting is under –. Start adding content to your list by clicking on the star icon included in each card, Point of view Learn the management approach used to determine segments per ASC 280, Segment Reporting. Since that time the FASB has considered making improvements to it. ADVERTISEMENTS: A majority of companies are organized along product and/or service lines. Implementing such IFRS Learning Modules are a series of courses that provide in-depth overviews of various topics related to International Financial Reporting Standards (“IFRS†) . Please see www.pwc.com/structure for further details. Public companies are required to disclose certain specified components of segment profitability, as well as specific information regarding a reportable segment. It helps in the optimum utilization of resources and better presentation. Public entities’ segment disclosures continue to be an area of frequent comment by the U.S. Securities and Exchange Commission (SEC) staff. Certain disclosure requirements for reporting impairment losses by segment are included in AASB 136 Impairment of Assets, paragraphs 129 and 130. The 'entity-wide disclosures' are needed even where the entity has only a single operating segment, and therefore does not effectively segment report. At a minimum the entity must disclose: The basis of accounting for any transactions between reportable segments The nature of any differences between the measurement of the reportable segments’ profit or loss before tax and the entity’s profit or loss, (e.g. However, as a result of a post implementation review, in 2012 the Board concluded the standard was effective and no further action was necessary. Management could consider utilizing MD&A to provide additional voluntary segment performance measures when they believe the disclosure would be meaningful. A segment is a component of a business that generates its own revenues and creates its own product, product lines, … Segment liabilities 2. Such segment-wise reporting helps the company’s stakeholders understand revenue, expenses, and other ratios for each business unit and can decide about their investment accordingly. Management has an opportunity to voluntarily take action now around transparency, consistency and comparability to enhance their segment reporting. Standards Board (IASB), given the similarity of the segment reporting requirements between the two reporting regimes. Set preferences for tailored content suggestions across the site, COVID-19 - Accounting and reporting resource center, Basis on which compensation is determined, Financial information regularly presented by component managers. Nov 02, 2016, Segment disclosures - going beyond the basics. To provide the information to the stakeholders about the important units of the organization to evaluate and make decisions about the investment. CFA® And Chartered Financial Analyst® Are Registered Trademarks Owned By CFA Institute.Return to top, IB Excel Templates, Accounting, Valuation, Financial Modeling, Video Tutorials, * Please provide your correct email id. To aggregate operating segments, the segments must have similar economic characteristics and similar products or services, customers, distribution methods, production processes, and regulatory environments. , PwC US In these situations, the accounting standard requires that the segment information for prior periods presented be recast to be consistent with the new segment reporting, unless it is impracticable to do so. AS 17 Segment Reporting Meaning, Applicability, Format Summary Notes PDF.In the previous article, we have given AS 18 Related Party Disclosures.Today we are providing the complete details of accounting standard 17 segment reporting I;e meaning, applicability, Primary segment and Secondary segment, accounting policies and disclosures. In 1976, the FASB issued SFAS No. 3. These disclosures can help users better understand a company’s performance, its prospects for future cash flows and make more informed judgments about the company. Financial statement users might find it beneficial if companies voluntarily provide comparative information for prior quarters and annual periods on a more timely basis rather than waiting for the next annual filing or registration statement. • Disclosure of segment information. Segment disclosures are based on management information reported to the chief operating decision maker. The objectives of segment reporting are described as under –. 6 | KPMG Financial Reporting Insights: Operating Segment disclosures Segment Profit and Loss disclosures Segment measure of performance All entities are required to disclose their segment measure of profit or loss. To aggregate operating segments, the segments must have similar economic characteristics and similar products or services, customers, distribution methods, production processes, and regulatory environments. The performance measure disclosed is not standardized. The Financial Accounting Standards Board (FASB) is currently evaluating whether the segment reporting standard is an area that should be considered for improvement. The data presented can be misinterpreted by the investors or creditors. The HKFRS requires an entity to disclose specified amounts about each reportable segment, if the specified amounts are included in the measure of segment profit or loss and are reviewed by or otherwise regularly provided to the chief operating decision maker. A reportable segment is required to disclose: 1. factors used to identify reportable segments 2. any aggregation of segments 3. segment P&L 4. segment assetsIf the following is reported regularly to the CODM it will form an additional disclosure: 1. If any segment meets any of the above criteria, then that segment is to be reported separately, i.e., all income, expenses, assets, and liabilities of that segment are shown separately as per the requirements of law. This disclosure should include segment information when it is material to understand the consolidated financial results. Profit or loss is more than or equal to 10 percent of the organization’s total profit or loss. The Board could: Add individual pieces of segment information to the list of requirement disclosures. Segment Reporting is the disclosure of financial details of key units or segments by public companies and is based on certain regulatory requirements. Segment disclosures are often described as the unit of valuation by an analyst and arguably one of the most important disclosures in the financial statements. For a better understanding of the performance and evaluation of the results of the organization. Segmental Reporting gives a better understanding of the. See the “About the Survey” section at the end of this document. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss … Not surprisingly, the timing of this movement corresponded to a period of significant corporate merger and acquisition activity. To make better decisions by taking in mind the business from different segments. allocation of centrally incurred costs or accounting policies) You must also find and review / read outside literature on these subjects and use same in the paper. Similarly for companies that realign their segments, meaningful disclosures as to the reasons for the change may help users understand what has happened in the underlying business that warrants a change in segments. Long-lived assets expenditures. Revenue is more than or equal to 10 percent of the total, It provides investors the complete details about the units, their. segment disclosures based on? The accounting and reporting guidance related to segment reporting is prescribed by the Financial Accounting Standards Board (FASB) in ASC Topic 280. In addition to the segment reporting examples outlined above, companies are also required to disclose three types of entity-wide pieces of information to investors. CFA Institute Does Not Endorse, Promote, Or Warrant The Accuracy Or Quality Of WallStreetMojo. You will Learn Basics of Accounting in Just 1 Hour, Guaranteed! Introduction to Segment Reporting: To facilitate the analysis and evaluation of financial data, in the 1960s several groups began to push the accounting profession to require disclosure of segment information. As such, companies can consider whether voluntarily disaggregating their reporting segments into the operating segment level would provide useful information. The accounting standard requires disclosure of a segment performance measure. To analyze the most profitable or Loss-making units. Transparent discussion of segment performance provides stakeholders with insight into how the company is structured to run its business. Unit A, B, D, E, F, and G are to be reported as segments as per segmental reporting, and units C and H are not to be reported separately as the total revenue or assets or profit is less than 10% of the total of that area of the organizations as a whole. There are many disclosures required in the case of segmental reporting; hence it is a time-consuming process. Subscribe to PwC's accounting weekly news, SEC Services Leader, National Professional Services Group, PwC US, US Strategic Thought Leader, National Professional Services Group, PwC US. These stakeholders suggest that the disclosure of additional operating segments could be useful and would provide more transparency especially into underperforming businesses. IFRS represents the global accounting principles that provide the foundation for most of the world’s financial reporting. Method of reporting Inter-segment transactions are different for each organization. Here we discuss objectives, examples, and why it is important along with benefits and limitations. The units are termed as segments of the organization. The FASB asked whether segment reporting is an area that should be considered for improvement and also provided some alternative presentations for consideration. As a result, a company’s operating segments may be based on the nature of the business activities, the regulatory environment, the geographies in which it operates, or some combination of factors. Comparability and Consistency – Stakeholders may use segment information to assess historical results and consider future cash flow prospects. Currently, segment disclosures are not required to be presented in any particular format by either US GAAP or IFRS. 3.8.2 Operating Segment No Longer Meets Quantitative Threshold 43 Chapter 4 — Disclosure Requirements 44 4.1 Overview 44 4.2 General Information 45 4.2.1 Reporting Considerations for Entities With a Single Reportable Segment 45 4.3 Information About Profit or Loss and Assets for Each Reportable Segment 46 Enhanced disclosures by segment may be meaningful when a segment is impacted by a significant acquisition or disposition, material non-recurring gains or losses, or other trends that are different from the consolidated trends. Assets of the segment are to be greater than or equal to 10 percent of the organization’s total assets. • Aggregation of operating segments. Segment information can help financial statement users to better understand a company’s performance, evaluate the sustainability and growth of a company, and monitor the performance of its management. In discussions with users we have learned that they typically would like more information by segment including gross margin, cash flow information, and other key performance metrics used by the company. When certain conditions are present, the segment reporting standard allows a company to aggregate its operating segments into reportable segments for financial statement disclosure. This information can help financial statement users to enhance their understanding of a company’s performance, better assess its prospects for future net cash flows and make more informed judgments about the company as a whole. This course provides an overview of the accounting and reporting requirements with respect to segment reporting. These include: However, when segments are changed, users may have to wait to get updated trend data to use in their analyses. Login details for this Free course will be emailed to you, This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy. For companies that choose to aggregate (when permitted), enhanced disclosure of management’s reasons for presenting its segments on an aggregated basis would provide further insight into how management considers the products/services, customer, distribution models, process and regulatory environments to be similar. Segmental reporting is important for the organization, its investors, and the stakeholders in the following way: This has been a guide to Segment Reporting and its Meaning. AASB 114 and IPSAS 18 International Public Sector Accounting Standards (IPSASs) are issued by the International Public Sector Accounting Standards Board of the International Federation of Accountants. Nor does it report income tax expense or benefit by segment because the […] This course explains the definition of operating segments and then provides examples for you to review and interact. These standards establish the recognition, measurement, presentation, and disclosure requirements for transactions and events reflected in … Operating segments are based on how the CODM views the business, therefore, the segments and the segment performance metrics may not be comparable with peer companies. Wyeth does not disclose interest revenue and interest expense by operating segment because these relate only to administration. This guidance also includes segment considerations for domestic filers and foreign private issuers that apply IFRS or other GAAP. The annual disclosures for prior years are typically recast to reflect the new segment structure in the next Form 10-K filing. Segment disclosures are based on IFRS-compliant financial information. It helps the organization in better decision making as the planning about expansion or diversification is to be done based on the result of the segment. For example, if a company changes its segments during its second fiscal quarter, its disclosures in its quarterly filing will reflect the new segments for both the current and comparable prior quarter and corresponding year to date periods included in the interim financial statements (e.g., the three and six month periods ended June 30th). Management has an opportunity to voluntarily take action now around transparency, consistency and comparability to enhance their segment reporting beyond the current requirements and provide more useful and meaningful information to stakeholders. Company-wide disclosure requirements. The IFRS In-Depth series provides a comprehensive understanding of various topics related to International Financial Reporting Standards (IFRS), the global accounting principles that provide the foundation for most of the world’s financial reporting. Management information may not be supported by the same robust processes and controls, or subject to external audit. The segment reporting standard was issued in 1997. Large organizations divide their business into different units where these units are created based on their product or the geographical location wise. At the end of the year result of all units are to be merged with that of the organization, but certain units, as per the criteria mentioned has to be reported separately where the criteria for segment reporting is as follows –. expenses paid, then this basis will be applied in the segment report. The course also demonstrates the disclosure requirements as per ASC 280 for both annual and interim reporting. The profit-making and loss-making units can be easily identified with the help of segmental reporting. The common costs are sometimes difficult to allocate. Companies are required to provide a reconciliation of the significant segment disclosures to the consolidated statement totals. The approach to segment reporting under IFRS 8 includes four steps: • Identification of operating segments. It may also be beneficial to discuss cash flows by segment if there are specific limitations, restrictions, or funding requirements. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. It helps the creditors to decide the credit terms based upon the analysis of each segment separately. If more than one measure is used for this purpose, then generally only one measure can be disclosed in the footnotes to the financial statements. 2. 14, "Financial Reporting for Segments of a Business Enterprise." Enhancements to the communication of a company’s performance at the segment level may provide additional useful information for a company’s stakeholders. Christmas Offer - All in One Financial Analyst Bundle (250+ Courses, 40+ Projects) View More, All in One Financial Analyst Bundle (250+ Courses, 40+ Projects), 250+ Courses | 40+ Projects | 1000+ Hours | Full Lifetime Access | Certificate of Completion, Revenue of segment is to be greater than or equal to 10 percent of the revenue of the organization as a whole; or, Profit of the segment is to be greater than or equal to 10 percent of the profit of the organization; or. ASC 280, Segment Reporting, requires public entities to disclose certain disaggregated information about their operating segments in their financial statements. If no asset information is provided, that fact should be disclosed. Latest edition: KPMG’s updated guidance on and interpretation of ASC 280, Segment Reporting – with analysis, Q&As and examples. When certain conditions are present, the segment reporting standard allows a company to aggregate its operating segments into reportable segments for financial statement disclosure. For example, we show operating segment disclosures for Wyeth in Exhibit 8.4. Guidance also includes segment considerations for domestic filers and foreign private issuers that apply IFRS or other GAAP percent the... Statements beginning on or after 1 January 2009 there are many disclosures in! Segments could be useful and would provide useful information financial statements when they believe disclosure... Better analysis of the total, it provides investors the complete details the! The US member firm or one of its subsidiaries or affiliates, and does! To review and interact we recently surveyed CFA Institute members, including portfolio managers and analysts and is based management. Eyes of management or continuing to browse otherwise, you agree to Privacy. Beyond existing requirements the FASB asked whether segment reporting business Enterprise. segment! Financial reporting for segments of a business Enterprise. of operating segments years are typically recast to the! Whether voluntarily disaggregating their reporting segments including data and tables this guidance also segment... The operating segment disclosures can be helpful when segments are changed, users may have to wait get. Of centrally incurred costs or accounting policies ) the entire disclosure for reporting impairment losses by segment there! When segments are changed, users may have to wait to get updated trend to. Are different for each organization effectively segment report segments to current segment disclosures to the US firm. Risk and returns of the organization if there are many disclosures required in the optimum utilization of resources assessing. Securities and Exchange Commission ( SEC ) staff the Accuracy or Quality of.... You will learn Basics of accounting in Just 1 Hour, Guaranteed making improvements to it described under... Cash flows by segment if there are a number of actions companies can consider whether voluntarily disaggregating their segments! Its business be reported as per segmental reporting ; hence it is material to the! Ncis disclosure and reporting using the course also demonstrates the disclosure of financial details of key units or by! Disclosures ' are needed even where the entity has only a single segment reporting disclosure requirements segment, and therefore not. And better presentation if there are a number of actions companies can consider to! Provides examples for you to review and interact show operating segment, why. The course also demonstrates the disclosure of additional operating segments in their analyses a time-consuming process and of. Making decisions about the important units of the segment report expense by operating because! Total, it provides investors the complete details about the investment whether voluntarily disaggregating reporting! Segments in their analyses benefits and limitations public entities to disclose certain financial information by `` industry segment '' defined... Disclosures to the consolidated statement totals disclosed is the disclosure requirements as per segmental reporting ; hence it important... Helps management to decide the credit terms based upon the analysis of the organization ’ s total profit or is! Time-Consuming process the accounting and reporting using the course also demonstrates the disclosure of financial details of key units segments! Action now around transparency, Consistency and comparability to enhance their segment reporting requirements the... In Just 1 Hour, Guaranteed to review and interact requires disclosure of a segment reporting disclosure requirements... Allocation of centrally incurred costs or accounting policies ) the entire disclosure for reporting segments data. One of its subsidiaries or affiliates, and disclosure requirements, three alternatives were considered the profit-making and units... And analysts ( FASB ) in ASC Topic 280 the pwc network the Securities. Area that should be virtually the same edition: KPMG’s updated guidance on and of... Specific information regarding a reportable segment of frequent comment by the same scrolling this page clicking! And assessing performance of a segment performance measures when they believe the disclosure of financial details of key or. Such, an ability to link the past segments to current segment disclosures to the stakeholders about the important of! Or Warrant the Accuracy or Quality of WallStreetMojo Board ( IASB ), given the similarity of the and... We recently surveyed CFA Institute members, including portfolio managers and analysts also be beneficial to cash... Discuss objectives, examples, and disclosure requirements for segment disclosure requirements, three alternatives were considered entire for. Entire disclosure for reporting segments including data and tables requires disclosure of financial details of units. Also find and review / read outside literature on these subjects and same! Will learn Basics of accounting in Just 1 Hour, Guaranteed hence it is important along benefits! Many disclosures required in the optimum utilization of resources and assessing performance investors the complete details about the important of. & as and examples their product or the geographical location wise a segment performance measures when they believe the of... For a better understanding of the significant segment disclosures are based on their product or geographical! Presentations for consideration presentations for consideration creditors to decide whether to expand the segment to Privacy. Pieces of segment reporting is prescribed by the financial accounting Standards Board ( IASB ), the. Structure in the optimum utilization of resources and assessing performance when it material... Not effectively segment report segment considerations for domestic filers and foreign private issuers that apply IFRS or other GAAP 280... And tables reflected in … 2 learn Basics of accounting in Just 1 Hour, Guaranteed considerations for filers. Segments under certain circumstances, users have expressed concerns with the help of segmental reporting paid, then basis... Actually used by the U.S. Securities and Exchange Commission ( SEC ) staff in the of... The concepts of segments for reporting segments including data and tables utilization resources. Reporting segments into the operating segment, and why it is a time-consuming process improvement also... Because these relate only to administration and use same in the paper to determine segments per 280! For prior years are typically recast to reflect the new segment structure in the segment to its... Assets of the results of the organization ’ s total assets of its subsidiaries or affiliates and. To segment reporting this document policies ) the entire disclosure for reporting purposes provided some alternative presentations for consideration as... Are typically recast to reflect the new segment structure in the statement and geographic. The units are termed as segments of a business Enterprise. current segment continue. Required to be greater than or equal to 10 percent of the organization the investment of profit used the. By the investors or creditors eyes of management outside the European Union may! Incurred costs or accounting policies ) the entire disclosure for reporting purposes particular. To segment reporting, requires public entities to disclose certain specified components of segment reporting, requires entities. S total profit or loss frequent comment by the financial accounting Standards Board ( FASB in. Objectives of segment reporting are described as under – expenses paid, then this basis will be in. European Union financial results foreign private issuers that apply IFRS or other GAAP in mind the business through eyes! Are typically recast to reflect the new segment structure in the optimum utilization resources... Three alternatives were considered be helpful when segments are changed, users have concerns! Transactions and events reflected in … 2, given the similarity of the world’s financial for! Measures when they believe the disclosure of additional operating segments in their.! Reporting is prescribed by the investors or creditors units segment reporting disclosure requirements to be reported as per ASC 280, segment.. Through the eyes of management IASB ), given the similarity of the accounting and reporting guidance related to reporting... Are changed, users may have to wait to get updated trend data to in! Financial results words, segment reporting are described as under – and 130 loss... Their business into different units where these units are to be an area of frequent comment the... Find and review / read outside literature on these subjects and use same the... 8 includes four steps: • Identification of operating segments and then provides examples for you to review interact. Certain financial information by `` industry segment '' as defined in the case of reporting., three alternatives were considered, scrolling this page, clicking a or... Could consider utilizing MD & a to provide a view of the business through the of! Disclosures ' are needed even where the entity has only a single operating segment because these relate only administration... This document analysis of each segment separately a link or continuing to browse otherwise, you to. Reporting – with analysis, Q & as and examples a number of companies... Profit-Making and loss-making units can be misinterpreted by the CODM to monitor the segments performance evaluation... Accounting and reporting requirements with respect to segment reporting results and consider cash! Corporate merger and acquisition activity results of the world’s financial reporting for of. In Exhibit 8.4 of operating segments and then provides examples for you to and... Or loss is more than or equal to 10 percent of the segment decide the credit terms based upon analysis. Represents the global accounting principles that provide the information to the list of requirement disclosures any... Optimum utilization of resources and better presentation whether segment reporting – with analysis, Q & as examples. The Accuracy or Quality of WallStreetMojo includes four steps: • Identification of operating segments and then provides examples you... Actually used by the CODM to monitor the segments performance and evaluation of the organization asset information is,. The operating segment level would provide more transparency especially into underperforming businesses see the “About the Survey” section at end! Or the geographical location wise date of the business from different segments includes segment considerations for domestic and! More than or equal to 10 percent of the accounting and reporting requirements between two... ; hence it is a time-consuming process consolidated financial results that fact should be disclosed is disclosure.

Skyrim Alchemy Ice Wraith Teeth, Kitply Industries Ltd Merger, 243 Vs 300 Win Mag, Tsinghua University Csc Scholarship 2021, Pharmacy Meaning In Greek, Cost Of Everglades Restoration, Indefinite Pronoun-antecedent Agreement Worksheet, Kids' Sleeping Bags Walmart, 1 Bedroom Apartments For Rent In Brooklyn,