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2002 Management Discussion & Analysis of Results 2002 Financial Statements & Notes PREFACE EXPLANATORY NOTES On April 1, 2003, Air Canada obtained an order from the Ontario Superior Court of Justice
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What is management discussion amp analysis?
Management discussion and analysis (MD&A) is a section of a company's annual financial report where management provides an analysis and explanation of the company's financial performance, financial condition, and future prospects.
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Publicly traded companies are required to file management discussion and analysis as part of their annual financial reports. It is a regulatory requirement imposed by securities regulators such as the Securities and Exchange Commission (SEC) in the United States.
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Filling out management discussion and analysis involves providing a comprehensive and transparent analysis of the company's financial performance, risks, and prospects. It typically includes sections on business operations, financial results, key performance indicators, market trends, and risk factors. This analysis should be based on reliable and accurate financial data and should be written in a clear and understandable manner.
What is the purpose of management discussion amp analysis?
The purpose of management discussion and analysis is to provide investors, shareholders, and other stakeholders with insights into the company's financial performance, strategies, risks, and future prospects. It allows management to explain their interpretation of the financial results, highlight key achievements or challenges, and provide context for understanding the company's financial statements.
What information must be reported on management discussion amp analysis?
The information reported on management discussion and analysis may vary depending on the specific reporting requirements of the regulatory authorities. However, it generally includes a discussion of the company's financial performance, liquidity, cash flow, key business segments, significant accounting policies, risk factors, and future outlook.
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