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#cfa-level-1 #reading-22-financial-statement-analysis-intro
Question
The [...] is a good starting place for understanding information in the financial statements
Answer
management commentary or MD&A

Tags
#cfa-level-1 #reading-22-financial-statement-analysis-intro
Question
The [...] is a good starting place for understanding information in the financial statements
Answer
?

Tags
#cfa-level-1 #reading-22-financial-statement-analysis-intro
Question
The [...] is a good starting place for understanding information in the financial statements
Answer
management commentary or MD&A
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The management commentary or MD&A is a good starting place for understanding information in the financial statements

Original toplevel document

3.1.6. Management Commentary or Management’s Discussion and Analysis
ions. Companies should also provide disclosure in the MD&A that discusses the critical accounting policies that require management to make subjective judgments and that have a significant impact on reported financial results. <span>The management commentary or MD&A is a good starting place for understanding information in the financial statements. In particular, the forward-looking disclosures in an MD&A, such as those about planned capital expenditures, new store openings, or divestitures, can be useful in projecting a comp

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