Do you want BuboFlash to help you learning these things? Or do you want to add or correct something? Click here to log in or create user.



#cfa-level-1 #reading-22-financial-statement-analysis-intro
The exposure draft identifies five content elements of a “decision-useful management commentary.” Those content elements include

1) the nature of the business;

2) management’s objectives and strategies;

3) the company’s significant resources, risks, and relationships;

4) results of operations; and 5) critical performance measures.
If you want to change selection, open document below and click on "Move attachment"

3.1.6. Management Commentary or Management’s Discussion and Analysis
ASB) issued an exposure draft in June 2009 that proposed a framework for the preparation and presentation of management commentary. Per the exposure draft, that framework will provide guidance rather than set forth requirements in a standard. <span>The exposure draft identifies five content elements of a “decision-useful management commentary.” Those content elements include 1) the nature of the business; 2) management’s objectives and strategies; 3) the company’s significant resources, risks, and relationships; 4) results of operations; and 5) critical performance measures. In the United States, the SEC requires listed companies to provide an MD&A and specifies the content.7 Management must highlight any favorable or unfavorable trends and


Summary

statusnot read reprioritisations
last reprioritisation on suggested re-reading day
started reading on finished reading on

Details


Discussion

Do you want to join discussion? Click here to log in or create user.