Management Discussion and Analysis (MD&A) does NOT include
A) notes to the financial statements.
B) key performance drivers.
C) the company's vision and strategy.
D) the company's capabilities (capital and other resources).

Question

Quizplus · Accepted Answer

MD&A refers to a specific section in a company's annual report that provides management's interpretation of the financial performance, current state, and future prospects of the company. While the notes to the financial statements may contain additional information that is relevant to understanding the financial statements, they are not part of the MD&A. The MD&A typically includes discussions on key performance drivers, the company's vision and strategy, and its capabilities.

Management Discussion and Analysis (MD&A) Does NOT Include