PS: There's quite a few things that can go wrong and/or be quite unpleasant about the process. I think the key issues that I'd highlight, firstly is tedium: human error, skipping over material statements, humans can get bored, hungry, tired. This can be a long process: if you look at annual reports, they're often in the hundreds of pages. It can be quite a repetitive and time-consuming process.
The other piece I’d probably point to is project management. A lot of the audience probably appreciate that it's very difficult getting different business units and advisers to all sing from the same hymn sheet. Collating information from your peers, particularly colleagues in more senior positions, can be pretty tricky to say the least.
I think one of the other [factors] is staying on top of changing drafts. Lots of different teams, whether they be finance, legal, investor relations, always want to add to the content. It can be really last-minute and so staying on top of those changing drafts and ensuring that your notes still correspond to the updated draft can be really unpleasant and time consuming.