Auditor's dictionary. 2014.
unqualified opinion — The version of an audit opinion rendered when a certified public accountant is satisfied that the financial statements are fairly presented and are consistent with those of the preceding year, and that the audit was performed in accordance with… … Black's law dictionary
Unqualified Opinion — An independent auditor s judgment that a company s financial records and statements are fairly and appropriately presented, and in accordance with Generally Accepted Accounting Principles (GAAP). An unqualified opinion is the most common type of… … Investment dictionary
unqualified opinion — Term used to describe an opinion letter accompanying audited financial statements in which the CPA states that the financial statements fairly present the financial position and the results of operations. The CPA will also state that the… … Financial and business terms
unqualified opinion — An independent auditor’s opinion of a company’s records … American business jargon
unqualified — un·qual·i·fied /ˌən kwä lə ˌfīd/ adj: not qualified Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. unqualified I … Law dictionary
opinion — A document prepared by an attorney for his client, embodying his understanding of the law as applicable to a state of facts submitted to him for that purpose; e.g. an opinion of an attorney as to the marketability of a land title as determined… … Black's law dictionary
opinion letter — Letter issued by a certified public accountant to accompany financial statements. The opinion letter has two parts. One describes the scope of the accountant s work in the preparation and testing, if any, related to the preparation of the… … Financial and business terms
Unqualified Audit — Also known as a complete audit. An audit that has been performed and researched so thoroughly that the only possible remaining discrepancies stem from information that could not be obtained by the auditor. An unqualified audit analyzes both the… … Investment dictionary
Accountant's Opinion — A statement signed by an independent accountant outlining his or her opinion regarding the quality of information contained in a company s financial reports and records. An accountant s opinion statement can either be qualified or unqualified.… … Investment dictionary
qualified opinion — Term used to describe the opinion letter accompanying audited financial statements in which the CPA reports the same information as in the unqualified opinion with one or more additions. The additional information describes either (1) one or more … Financial and business terms
