accountant's opinion

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Related to accountant's opinion: Qualified opinion

Accountant's opinion

A signed statement from an independent public accountant after examination of a firm's records and accounts. The opinion may be unqualified or qualified. See: Qualified 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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

accountant's opinion

See opinion.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
In answering this question, the Florida Supreme Court found an accountant may be held liable for damages suffered by third parties not in privity that resulted from the accountant's negligence if the accountant knew those third parties would rely on the accountant's opinion. An accountant is not liable to third parties whom he or she merely should have known would rely on his opinion.
Perhaps these "free riders" should be precluded from suing accountants if they are unwilling to pay for an accountant's opinion.
Fifteen of the 17 audit reports were variously titled Auditor's Report, Report of Independent Accountants or Public Accountants, Report of Certified Public Accountants, Opinion of Independent Auditors, Accountant's Opinion, etc.