Evaluating and improving Management's Discussion & Analysis: Baseline report

Are you looking for guidance on the best practices for your Management’s Discussion and Analysis (MD&A)? This report provides a review of best practices in MD&A disclosure, using real examples from TSX-listed companies.

Get your downloadable electronic copy.

Download Now

In 2007, the Canadian Performance Reporting Board (CPRB) conducted a review of MD&As from 30 TSX-listed companies with market capitalizations between $200 million and $40 billion across a wide range of industries.

Evaluating and Improving Management’s Discussion and Analysis: A Baseline Report:

  • summarizes the companies’ self-assessment results
  • provides real-life examples of best practices for MD&A disclosures
  • highlights areas most in need of improved reporting

YOU WILL LEARN:

  • about a comprehensive, best practices self-assessment checklist for producing a high-quality MD&A
  • how the companies surveyed scored for demonstrating best practices overall and by MD&A section
  • key themes, findings and actual examples of what should be disclosed in the following MD&A sections:
    • introduction
    • strategy
    • key performance drivers
    • capability to deliver results
    • accounting disclosures
    • results
    • risk
    • environmental and climate change issues
    • regulatory matters

The CPRB conducted later periodic reviews using this report as the baseline comparison. Read Striving for Improvement: A Review of Management’s Discussion and Analysis in 2008 Annual Reports, the CPRB’s second report using the self-assessment checklist.

Highlights

Our Firm Directory allows you to search for Canadian CPA firms using our interactive map as well as other criteria.

Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.