The notes to the financial statements provide detailed information on accounting policies, transactions underlying entries on the financial statements, commitments made by the company, potential liability, law compliance, and a host of other information.

The notes contain information critical to understanding and analyzing the company's financial statements.

For fun, locate the notes to the financial statements located in the annual report of any company you choose. Tell us something unusual or important you found there. Why did you pick it or why do you think it may be important to understanding the financial statements?