Annual Report Analysis

I started grading one of my auditing assignments, a project where students found financials for a company of their choice on the Internet and, in the form of a memo, answered specific questions related to those financials, the notes, the audit report, etc. After doing this for a while, I must give great respect to Michelle Leder of Footnoted. She must have near-superhuman patience and tolerance for tedium to read all the reports that she must read.