Understanding the Corporation Auditor’s Report

                  

Most investors never bother to read a corporate prospectus. I suggest they attempt to understand the Auditor's Report in the 10-K form that is filed with the 

S E C.

                       

Look for this key sentence: "In our opinion, the financial statements present fairly...the financial position of the company." That means the company has honestly described its finances over the past year to the best knowledge of the accounting firm that is auditing the 10-K. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)