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Management's Discussion and Analysis Best Practices Report - Couverture souple

Accounting And Auditing Policy Committee

 
9781505557459: Management's Discussion and Analysis Best Practices Report

Synopsis

The MD&A should provide management’s view of actual current performance and financial results as well as expectations about the future. It should be grounded in facts and provide meaningful explanatory data rather than be a series of vague and/or generally positive statements or vignettes about the entity’s successes. The MD&A should present a balanced discussion of negative as well as positive results, and it should relate financial results, especially costs, to performance and both to strategic goals.

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