qualified opinion

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Qualified opinion

An auditor's opinion expressing certain limitations of an audit.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

qualified opinion

The opinion of a Certified Public Accountant that a firm's financial statements deviate in some respect from a clean opinion according to generally accepted accounting principles. Compare clean 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.
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"For anyone looking to kick-start - or even change direction in - their career, it offers an invaluable opportunity to gain excellent work experience with one of Loughborough's leading companies, while gaining a business or accounts qualification at the same time."
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Like Angela, Chris is now going onto to do accounts qualifications at technician level.

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