The MD&A should have the following:
Provide a summary of the current years activities.
Discuss the companys ability to meet short-term obligations and fund operations and capital projects, and give the results of operations.
Provide a financial ratio analysis that includes liquidity, profitability, and solvency.
Discuss the federal tax obligations for the firm if it is structured as an LLC and as a C Corporation.
Discuss current internal controls as related to the prior assignment.
Provide a recommendation for next years operations.