The work product of auditors, by and large for Fortune 1000 companies, is complete bullshit. The first thing they taught us about valuation analysis is that public disclosure is complete crap, and that's the general tune of all of Wall Street...and they by and large determine valuation and trading levels for all of these concerns. Even the company's internal numbers are so dramatically different than the public ones, that it's really shocking. So, auditor's products are almost viewed like for of financial advertising...devoid of truth and full of spin.