Readable MD&A

In the movie Planes, Trains and Automobiles, John Candy plays a lovable loser with a habit of telling convoluted stories. In a fit of frustration, co-star Steve Martin shouts, 'When you're telling these little stories, have a point. It makes it so much more interesting for the listener!'With investors' interests in mind, the same message applies to companies preparing their management's discussion and analysis (MD&A). In the post-Enron environment, disclosure documents like the MD&A