Preparing the Management Discussion and Analysis (MD&A) section of the Essay

Preparing the Management Discussion and Analysis (MD&A) section of the annual reports - Essay Example The management discussion and analysis is considered to be the very important section of the annual report for those people who are generally concerned with analyzing the fundamentals of the company. The management discussion and analysis includes the management and management style. This section is also very useful for the potential investors of the company. It generally includes the rules and regulations which are adopted by the Security exchange commission. The management is responsible for preparation of the management discussion and analysis. The management has to interpret each criterion that accurately derive the historical figures from the books of record and entity and determine and evaluate the relevancy of information that is to be included in the annual report under the heading of management discussion and analysis and also estimates and make assumptions that might affect the reported information which is provided. Apple Inc is the company that designs and manufactures various personal computers, mobile communication, and digital music players. It also deals with the sale of variety of accessories, third party digital content, variety of related software, and its applications. The company sells iphone, ipad and Mac. The company sells its product to its small and medium size businesses, government customers, education etc.. The company was founded by Steve Jobs in the year 1976. It has it’s headquarter in Cupertino California (Grady 72). Microsoft is engaged in licensing, developing, and also supporting different varieties of software products. It is also engaged in designing and also selling the devices which integrate with the cloud based services. It attracts global audience through online advertising. It was founded by Bill Gates in the year 1975. It has it’s headquarter in Redmond Washington (Mosher 53). The net sales of apple have risen by 7% or 11.9 million dollar in the financial year 2014 as compared