Opinion report definition

Opinion report means any opinion on a financial statement that is expressed in accordance with generally accepted auditing standards as to the fairness of presentation of information and that is used for guidance in financial transactions, for accounting, or for assessing the status or performance of commercial and noncommercial enterprises, whether public, private, or governmental.

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Opinion report means any opinion on a financial statement that is expressed in accordance with generally accepted auditing standards as to the fairness of presentation of information and that is used for guidance in financial transactions, for

Examples of Opinion report in a sentence

• The four reports are as follows:  Unqualified Opinion report This type of report is issued by an auditor when the financial statements presented are free from material misstatements and are represented fairly in accordance with the Canadian Accounting Standards.