3.1

This discussion will give you the opportunity to discuss the types of disclosures included in the balance sheet of actual companies, including the Managements Disclosure and Analysis (MD&A).

Review the annual report for a Company of your choice that you are personally or professionally interested in.  Within the annual report, find the disclosures, managements discussion and analysis, and any other related disclosures.  Discuss your findings.  Do you feel there was sufficient information in the disclosures regarding the company or was information omitted that you would like to know more about?  Why or why not?  How did the disclosures affect your overall analysis and opinion of the companys financial standing?