You can often find information about a company by using their own website. Most companiesprovide access to their latestannual report(sometimes previous reports) andfinancial statements.
TryGoogleto findcompany websites.
Look for sections labelled:
- About Us
- Investor RelationsorInvestorsandMedia
- Corporate Information
- Company InformationorOur Company
- Company News
- Publications
For example on the BHP website click on Investors > Annual reporting, to see this years annual report or previous reports and lots more.
Note:company websites are usually designed to promote the organisation and its products.
Other useful links to use when searching for company information include:
FAQs
The MD&A section is usually buried in the notes to the financial statements; these notes are located after the financial statements.
What is the business profile in the annual report? ›
The business profile is the section of the annual report where you summarize key information about your business. It typically includes information about: Your company's key products or services. Your company's mission and vision.
What should be included in MD&A? ›
The MD&A should provide an overview of the previous year of operations, results of the operations, the current financial position of the company and changes in its financial condition. The MD&A should complement the financial statements and provide information relevant to understanding and interpreting the results.
What would you find on the management's discussion and analysis (MD&A) section of an annual report? ›
The Management Discussions and Analysis (MD&A) is a section of the annual report or SEC filing 10-K that provides an overview of how the company performed in the prior period, its current financial condition, and management's future projections and outlook.
How do you summarize MD&A? ›
The MD&A should describe the company's business model, including its core businesses. This description should include but not be limited to communicating what the company does, the markets in which it operates, and how it generates revenue and ultimately creates value.
Is MD&A required by GAAP? ›
Furthermore, conformance to Generally Accepted Accounting Principles (GAAP) for federal entities requires the inclusion of the MD&A of the financial statements and related information.
What are the 4 reports in a company's annual report? ›
The report should include the audited financial statements: balance sheet, income statement, and statement of cash flows. The last part will typically be notes to the financial statements, explaining certain facts and figures.
What are the most common financial statements? ›
The income statement, balance sheet, and statement of cash flows are required financial statements.
Who prepares MD&A? ›
16 Management is responsible for the preparation of the entity's MD&A pursuant to the rules and regulations adopted by the SEC.
Which items are found on an income statement? ›
The income statement presents revenue, expenses, and net income. The components of the income statement include: revenue; cost of sales; sales, general, and administrative expenses; other operating expenses; non-operating income and expenses; gains and losses; non-recurring items; net income; and EPS.
RECOMMENDED PRACTICE MD&A should disclose the key features of the company's strategy, includ ing the underlying rationale, context and factors considered by manage ment in developing strategy. This rationale should relate to both internal and external factors, and to opportunities and risks.
Why is MD&A important? ›
The Management's Discussion and Analysis (MD&A) is an important disclosure in an annual report because it summarizes the financials and relays management's insights into the company's performance. Unlike other disclosures, it is written as a narrative, which allows it to offer key information in a more digestible way.
Where is the MD&A located? ›
It's found in public companies' annual reports or quarterly filings. Here, management talks about the company's past year operations, its financial performance, and future outlook. This part of the report gives insights into financial statements, meeting regulatory needs, risks, business results, and money matters.
What section of the annual comprehensive financial report in which MD&A is presented? ›
MD&A is prepared by financial managers or controllers and should be easily readable and objective. It is presented in the financial section of the CAFR after the auditor's report and before the basic financial statements.
Where would unearned revenue be found? ›
Unearned revenue is recorded on a company's balance sheet as a liability.
Where is the business model in an annual report? ›
Strategic report The strategic report section of an annual report usually includes information about the company's business model, strategy, objectives, performance, and future outlook.
