Management discussion and analysis

Management discussion and analysis
Accountancy
Key concepts
Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts · Journal  · Special journals · Constant Item Purchasing Power Accounting · Cost of goods sold · Credit terms · Debits and credits · Double-entry system · Mark-to-market accounting · FIFO & LIFO · GAAP / IFRS · General ledger · Goodwill · Historical cost · Matching principle · Revenue recognition · Trial balance
Fields of accounting
Cost · Financial · Forensic · Fund · Management · Tax
Financial statements
Statement of financial position · Statement of cash flows · Statement of changes in equity · Statement of comprehensive income · Notes · MD&A · XBRL
Auditing
Auditor's report · Financial audit · GAAS / ISA · Internal audit · Sarbanes–Oxley Act
Accounting qualifications
CA · CPA · CCA · CGA · CMA · CAT · CFA  · CIIA  · ACCA  · CIA  · CTP · ICAEW · CIMA  · IPA  · ICAN
This box: view · talk · edit

Management Discussion and Analysis or MD&A is an integrated part of a company's annual financial statements. The purpose of the MD&A is to provide a narrative explanation, through the eyes of management, of how an entity has performed in the past, its financial condition, and its future prospects. In so doing, the MD&A attempt to provide investors with complete, fair, and balanced information to help them decide whether to invest or continue to invest in an entity.[1]

The section contains a description of the year gone by and some of the key factors that influenced the business of the company in that year, as well as a fair and unbiased overview of the company's past, present, and future.

MD&A typically describes the corporation's liquidity position, capital resources,[2] results of its operations, underlying causes of material changes in financial statement items (such as asset impairment and restructuring charges), events of unusual or infrequent nature (such as mergers and acquisitions or share buybacks), positive and negative trends, effects of inflation, domestic and international market risks,[3] and significant uncertainties.

References

  1. ^ MD&A & Other Performance Reporting
  2. ^ Nico Resources Management’s Discussion and Analysis
  3. ^ PepsiCo Management's Discussion and Analysis

External links


Wikimedia Foundation. 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Management Discussion and Analysis - MD&A — A section of a company s annual report in which management discusses numerous aspects of the company, both past and present. Among other things, the MD A provides an overview of the previous year of operations and how the company fared in that… …   Investment dictionary

  • management discussion and analysis — MD&A In the USA, the section in the annual report to stockholders (see annual accounts) and in Form 10 K that is required by the Securities and Exchange Commission. The purpose of the MD&A is to assist investors to understand the impact of… …   Accounting dictionary

  • management discussion and analysis — MD&A In the USA, the section in the annual report to stockholders (see annual accounts) and in Form 10 K that is required by the Securities and Exchange Commission The purpose of the MD&A is to assist investors to understand the impact of changes …   Big dictionary of business and management

  • Management Discussion and Analysis (MD&A) — Bestandteil der US amerikanischen finanziellen Jahresberichterstattung. Sie enthält ergänzende Informationen zu bestimmten finanziellen Größen wie ⇡ Liquidität, Kapitalausstattung und ⇡ Betriebsergebnis. Das Management ist verpflichtet, in der… …   Lexikon der Economics

  • management's discussion and analysis of financial condition and results of operations — + Management s Discussion and Analysis of Financial Condition and Results of Operations (MD&A) Disclosure requirements under US securities laws arise principally from periodic reporting and filing requirements. Companies registered with the… …   Law dictionary

  • Management's Discussion and Analysis of Financial Condition and Results of Operations — (MD&A) USA The section of the registration statement, annual report on Form 10 K or Form 20 F, or quarterly report on Form 10 Q …   Law dictionary

  • management's discussion and analysis (MD&A) — A report from management to shareholders that accompanies the firm s financial statements in the annual report. It explains the period s financial results and enables management to discuss topics that may not be apparent in the financial… …   Financial and business terms

  • Management Development Institute — Motto Yogah Karmasu Kaushalam (Sanskrit) from the Gita 2:50 Motto in English Pefection in action is Yoga An act becomes perfect when you do it with all joy and without expecting anything in return …   Wikipedia

  • U.S. Securities and Exchange Commission — Infobox Government agency agency name = U.S. Securities and Exchange Commission nativename = SEC seal width = 140px seal caption = formed = June 6, 1934 jurisdiction = Federal government of the United States headquarters = Washington, D.C.… …   Wikipedia

  • operating and financial review — OFR A statement published with a company s annual accounts and directors report in which the directors interpret the financial statements and discuss the business s performance, giving both positive and negative points. It is broadly similar to… …   Accounting dictionary

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”