opinion

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Accountant's Opinion

An auditor's statement that he/she has reviewed the financial statements of a company and believes that they are accurate, complete, and in accordance with Generally Accepted Accounting Principles. Most of the time, a publicly-traded company's annual report contains an accountant's opinion; a report without one can be a matter of concern to investors. Instead of an accountant's opinion, the auditor may issue a qualified opinion, stating that the auditor is unable to render a full opinion about a company's finances, or a portion thereof, because the company's accounting does not meet the Generally Accepted Accounting Principles, or because the information was for some reason incomplete. An accountant's opinion is also called an auditor's report, a clean opinion, or simply an opinion.

opinion

A Certified Public Accountant's written attestation as to the fairness of presentation of financial statements. Anything other than an opinion that the statements have been presented fairly is a matter of serious concern to investors. Also called accountant's opinion, auditor opinion. See also adverse opinion, clean opinion, disclaimer of opinion, qualified opinion, subject to opinion.
References in periodicals archive ?
Cabraser of Lieff, Cabraser, Heimann & Bernstein, LLP, one of the trial and appellate counsel for the class, noted that "the appeals court opinion was a victory for consumers who are unable to obtain meaningful relief from large corporations on their own and a vindication of the class action device.
This book provides law students with a framework for reading, discussing, and analyzing court opinions in first-year courses, focusing on six types of arguments often used by courts, lawyers, and professors to resolve legal issues.
Many Supreme Court opinions contain eloquent language, but none has equaled Everson for such a cogent definition of what church-state separation means and why it is important.
Editorial includes information on tire recalls, tread separations, complaints, pleadings, briefs, class actions, settlements, court opinions, Judgments and appeals relating to present and past tire defect cases.
108(b) refers to the reduction of the taxpayer's tax attributes; no guidance is contained in the Code, the regulations or court opinions.
The newsletter will include summaries of developments in liability law from courts across the country, as well as reprints of court opinions and pleadings.
com Announces Federal District Court Opinions and Bankruptcy Court
Furthermore, since the vast majority of their colleagues on the lower courts were also appointed by Republicans, the justices generally tend to agree with lower court opinions and are disinclined to revisit them.
The only problem with Bolton's selection is that texts are limited to the period of the NEA reauthorization debate, and hence sidestep material--for example, Supreme Court opinions on First Amendment interpretation, and the original 1965 NEA authorization law--that might help us better understand the dilemmas of the present.
The Daily Opinion Summaries deliver clear, concise summaries of breaking court opinions.