Notes to financial statements provide

A) discussions that further explain items shown in the financial statements
B) comparative financial information with the previous year
C) management's discussions about plans for the future
D) the report of the independent auditors

Notes to financial statements provide additional explanations and details about the items shown in the financial statements, such as accounting policies, contingencies, and significant events. They help users better understand the financial performance and position of the company. The other options mentioned - comparative financial information, management discussions about plans for the future, and the report of the independent auditors - may be included in the notes, but they are not the primary purpose of the notes.