management's discussion and analysis of financial condition and results of operations

management's discussion and analysis of financial condition and results of operations
+ Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)
Disclosure requirements under US securities laws arise principally from periodic reporting and filing requirements. Companies registered with the Securities and Exchange Commission (SEC) must provide reports annually and quarterly in prescribed forms. The MD&A is a required part of the disclosure in a registration statement under the Securities Act of 1933 or Form 10-K or 10-Q under the Securities Exchange Act of 1934, where management of the issuer explains, in narrative form, the financial results of operations and financial liquidity of a company.
For further information, see the SEC website: .

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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