This course provides an in-depth look at Management’s Discussion and Analysis (MD&A), highlighting its critical role as a narrative supplement to financial statements that offers essential context for understanding a company's financial performance and position. It covers key elements of MD&A, such as liquidity, capital resources, and results of operations. The course also presents best practices for drafting effective MD&A as well as common challenges, including managing forward-looking statements, estimating critical accounting estimates, and navigating legal considerations.
This course is a part of Form 10-K Series Courses. The other courses of this series are:
- Form 10-K Series - Introduction to SEC Form 10-K Requirements (Text Based Course)
- Form 10-K Series - Detailed Analysis of the Financial Statements Section (Text Based Course)
- Form 10-K Series - Management’s Discussion and Analysis (MD&A) (Text Based Course)
- Form 10-K Series - Risk Factors, Controls, and Corporate Governance Disclosures) (Text Based Course)
NOTE: There is a 4 CPE Credit Hours combined course also available:
The Essential Guide to SEC Form 10-K - Compliance, Disclosures, and Best Practices (Text Based Course)
Learning Objectives
- Identify key elements of MD&A.
- Discover and distinguish between liquidity and capital resources in MD&A.
- Recognize best practices for drafting effective MD&A disclosures.
- Identify common challenges in MD&A reporting.
- Recognize the significance of critical accounting estimates in MD&A.
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Prerequisites
No advanced preparation or prerequisites are required for this course.