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A key part of a companys annual report is the MDA section, and I will provide you five reasons why you should review it! After reviewing the financial statements in the annual report, the MDA section is the one I often turn to next. In this video, we will take a very practical approach to reviewing the annual report by looking into the MDA sections of the 3M, Apple and General Electric annual reports, to answer some key questions you may have about these companies as an investor or employee. Here are five good reasons to review the MDA section of the annual report. MDA actually stands for Managements Discussion and Analysis of Financial Condition and Results of Operations. Reason number one: the MDA tells you about core performance drivers, like how many iPhones did Apple sell. Reason number two: the MDA provides critical information about core business segments, like how GE Aviation is doing. Reason number three: the MDA gives a narrative on what happened year-over-year in t
