qualified opinion - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “qualified opinion”

qualified opinion

noun [C, usually singular]
 
 
( also qualified report)
ACCOUNTING a statement by an auditor (= someone whose job is to officially examine accounts) that the information in a company's accounts is generally correct but is limited in some way, for example because the information is not shown in a way that the auditor agrees with: Before expressing a qualified opinion an auditor should always try to resolve problems with the management of the organization concerned. →  Compare adverse opinion , clean opinion
(Definition of qualified opinion from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of qualified opinion?
Add Cambridge dictionaries to your browser to your website

Word of the Day

decider

a final game or competition that allows one person or team to win, or the winning point scored

Word of the Day

What’s All The Commotion About? (Words to describe sounds)

by Kate Woodford,
May 20, 2015
​​​ In this post we look at a range of words and phrases that we use to describe noise and the absence of noise. Starting with complete quiet, we sometimes use the noun hush to describe silence: A hush fell over the room as the bride walked in./There was a deathly hush (=complete

Read More 

ancestral health noun

May 25, 2015
diet based on the presumed diet of our Palaeolithic ancestors ‘Ancestral health,’ to use a term popular among Paleo followers, has gone mass.

Read More