What it is:
How it works (Example):
When an unqualified opinion and does so using a standard reporting template (this is why many opinions read the same way). An report also includes a statement that the audit was conducted in accordance with . When the cannot give an unqualified opinion, it a qualified opinion, which lists the reasons for the 's concern about the company's and controls and the possible effects on the .feels that a company's are fair and accurate, it an
Here is an example of an unqualified opinion, for the Disney Corporation:
Why it Matters:
An's objective is to help the form an opinion of the accuracy and fairness of a company's . This is done for the sake of the shareholders, regulatory authorities, and other people with an interest in the health of the company.