QUALIFIED OPINION Definition

Bookmark and Share

QUALIFIED OPINION is the auditor's opinion accompanying a financial statement that calls attention to limitations in the audit or exceptions the auditor has taken with the audit of the statements.

Learn new Accounting Terms

ENDORSE, depending upon usage, can be: a. application of legal signature to documents or checks; b. a guarantee as meeting a certain standard; c. to be behind or approve of; or, d. to give active support or ones approval to.

DISCOUNTING is the selling of accounts receivable, usually at less than full value, to a financial entity.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.