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Subject to Opinion

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Subject to opinion
An auditor's opinion reflecting acceptance of a company's financial statements subject to pervasive uncertainty that cannot be adequately measured, such as information relating to the value of inventories, reserves for losses, or other matters open to judgment.

Qualified Opinion
An auditor's statement that he/she 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. In other words, a qualified opinion states that the company's accounting is so sloppy that the auditor cannot render an opinion. This is placed on the front page of an audit. See also: Except for opinion.

subject to opinion
An audit opinion by a certified public accountant that a firm's financial statements are fairly presented subject to the outcome of an uncertain future event. A major lawsuit, the outcome of which could significantly affect the firm, may be unresolved at the time of the audit; such a situation is an example of a factor influencing the opinion.


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But whereas commentary and biography are subject to opinion, drama depends on internal consistency.
All standards and requirements for students are measurable and not subject to opinion (See Ediger and Rao, 2006).
Carey's critical text challenges the reader to think about devotion to the arts and define terms that remain elusive and subject to opinion.
 
 
 
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