Management Discussion and Analysis (MD&A) is
A) notes on meetings between management and auditors.
B) an internal document not released to shareholders.
C) supplementary information included in the annual report.
D) supplementary information included in the notes to the financial statements.

Question

Quizplus · Accepted Answer

MD&A is a section in the annual report that provides supplementary information and analysis of the company's financial performance, future prospects, risks, and uncertainties. It is intended to help shareholders better understand the company's business and financial condition, and is therefore publicly available. It is not an internal document and is not limited to meetings between management and auditors. It may also include non-financial information that is important to investors such as strategic initiatives or market developments. It is different from the notes to the financial statements, which contain detailed information about the accounting policies and other technical aspects of the financial statements.

Management Discussion and Analysis (MD&A) Is