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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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 ?
Bank affiliation accounted for some of the difference noted in user reactions to the auditor's reports. Loan officers from small banks perceived that the auditor assumes more responsibility for the accuracy of the financial statements than did those from larger banks.
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The addendum also describes the service organization auditor's reports that may be obtained by auditors.
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Few years after the UK implementation, auditors in New Zealand have been required to amend their auditor's reports according to the new reporting requirement for KAMs for audits of financial statements ending on or after 15 December 2016.
The FRC has supported EARs mainly as "a response to the post-2008 financial crisis and the need to enhance confidence in financial reporting and auditing" (Extended Auditor's Reports: A Further Review of Experience, January 2016,