SEC 10-K: Management Discussion and Analysis
The financial statements for your company are usually posted in Item 8 of the SEC 10-K document. The management discussion and analysis section is earlier in the report.
Review my company:
SEC 10-K:
Answer these questions:
1. The management of risk and uncertainty is often included in the MD&A section comments. What do you learn of interest here?
2. Divisions and Product Lines may be discussed in the MD&A section. What cost accounting issues may arise in these areas as you consider any of the following topics?
• Flexible budgeting
• Cost variances DM & DL
• Standard costing
• Activity-based costing
3. Management often explains higher or lower than expected in their comments. Discuss the profitability and other comments in the MD&A section as they relate to our chapters thus on budgets, variance analysis, and management.