In his monthly Newsletter on Annual Reports, Sid Cato reported that the length of annuals—38 pages average among 1984 annuals, 53.4 pages among 2000’s—is exploding.

In his 223rd issue, Cato quoted one annual report officer (who requested anonymity) as saying:

"This particular annual report season is more horrendous than most—the post-9-11, post-dot.com, post-Enron, post-Arthur Andersen jitters are swamping the process." Cato said the officer complained that "the auditors want more and more disclosure, eating up more and more pages with financial details nobody wanted a year ago."

Several annual report producers said they had to order additional paper stock as "the auditors get out their microscopes" because of the Enron debacle.