Hindsight, which rarely makes it to the top-ten list of our
desired superpowers is nonetheless, a pretty useful tool to have
handy despite competing with the much more sought after and
potentially lucrative ability to accurately forecast the
future. Accountants or auditors in particular, are the
benefactors of this privilege and get to put it to use every time
they are engaged to opine on a company's financial
statements. Namely, that period from the date of the
financial statements (i.e., the traditional calendar year-end)
through the date of issuance, which coincides with the date of the
auditor's report (or opinion), is that slice of time where an
auditor has the corroborative benefit of hindsight.
