Hi,
I believe you are doing well.
I am currently running financial analytics for real companies and came across the fillings of the information a bit different from other markets E.g. US (10-K). Companies over here are releasing management discussion and analysis (MD&A) report separately from financial report that contain audited financial statements. Given that this information is prepared to give the true representation of the business to the investors, I feel the whole report put together will be much nicer.
My question is, what is the guidance from IFRS regarding the filling of this report?
Thanks.
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Management Discussion and Analysis report
1y ago#1Hello! Just so you know, we have a separate members forum https://opentuition.com/forum/qualified-members-forum - I "look after" this forum too, so if you post there I will reply.
For IFRS it is Practice Statement 1: Management Comment https://www.ifrs.org/issued-standards/list-of-standards/management-commentary-practice-statement.html/content/dam/ifrs/publications/html-standards/english/2024/issued/ps1/#about As a Practice Statement, it is voluntary, not mandatory.
The management commentary is also on the work plan https://www.ifrs.org/projects/work-plan/management-commentary/#current-stage So although PS 1 is not available without a subscription, anyone can currently download the Exposure Draft, which will give you some idea https://www.ifrs.org/content/dam/ifrs/project/management-commentary/ed-2021-6-management-commentary.pdf
Amazing. Thanks for the answer and for sharing the link to qualified members forum. I didn't know there is one.
Will see you there with questions from practical world.
1y ago#3You are very welcome! See you there!
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