accountant's opinion

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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.

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.

accountant's opinion

See opinion.
References in periodicals archive ?
17 (BNA): His Royal Highness Prince Khalifa bin Salman Al Khalifa the Prime Minister issued Edict 60/2015 approving audit reports and institutional listing resolutions issued by the National Authority for Quality Assurance in Education and Training (QAAET).
Moreover, another two paras were deleted from the report as these had already been printed in earlier years' audit reports.
After listening to their feedback, the team at AgencyPlatform made the Beta version of their SEO Audit reports live.
Sources said that audit reports in respect of 4 model colleges revealed huge financial malpractices in the accounts of these colleges.
Copies of the prior audit reports are available at http://leg.
As a result, the Court of Accounts will probably fail to generate detailed audit reports on the institutions for the three years.
The PAC reviewed the annual audit reports of the ministries of ports and shipping, privatisation, sports and the Federal Investment Division.
In "Write SMART" (April 2008), professors Adams and Winstead have a point that audit reports should be SMART.
Is required to report the results of the audit organization's work to the head or deputy head of the entity; (the auditor general and other Naval Audit Service senior leaders meet with DoN senior leaders regularly throughout the year and at semiannual Oversight Planning Board (OPB) meetings, and copies of final audit reports are sent to the under secretary)
For more than 30 years, standards have permitted auditors to support their audit reports by means other than documentation, but did not specify these means.
They also introduce a requirement for audit reports to give the name of the individual lead auditor, as well as the audit firm, although confidentiality will be allowed in "exceptional cases".
SOX/non-SOX Audit Report -- To improve audits, the committee recommends that two separate audit reports should be created.