What Information Is Generally Included in the Management Discussion and Analysis

question 52

Essay

What information is generally included in the Management Discussion and Analysis (MD&A) section of a corporate annual report?

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Definitions:

Assets

Resources owned by a company deemed to have economic value and are expected to provide future benefits to the operations of the company.

Expenses

Costs that are incurred in the process of generating revenue.

Adjusting

The process of calculating the latest up-to-date balance of each account at the end of an accounting period.

Financial Reports

Financial Reports are official records that detail a company's financial performance, position, and cash flows over a specific period.