Annual Report Form

Instructions and help about Annual Report

A key part of a company’s annual report is the MD&A section, and I will provide you five reasons why you should review it! After reviewing the financial statements in the annual report, the MD&A section is the one I often turn to next. In this video, we will take a very practical approach to reviewing the annual report by looking into the MD&A sections of the 3M, Apple and General Electric annual reports, to answer some key questions you may have about these companies as an investor or employee. Here are five good reasons to review the MD&A section of the annual report. MD&A actually stands for Management’s Discussion and Analysis of Financial Condition and Results of Operations. Reason number one: the MD&A tells you about core performance drivers, like how many iPhones did Apple sell. Reason number two: the MD&A provides critical information about core business segments, like how GE Aviation is doing. Reason number three: the MD&A gives a narrative on what happened year-over-year