The MD&A section of a company's annual report is to cover the following three items:

Question

Quizplus · Accepted Answer

The MD&A section of a company's annual report is meant to provide information on the company's liquidity (ability to pay its debts), capital resources (source of funding), and results of operations (how well the company is doing). It typically includes discussions of trends, risks and uncertainties, and future outlook. While the income statement, balance sheet, and statement of cash flows are important financial statements, they are typically presented elsewhere in the annual report. Changes in the stock price, mergers, and acquisitions may also be included in the annual report, but they are not the primary focus of the MD&A section.

The MD&A Section of a Company's Annual Report Is to Cover