Unaudited Opinion

Filed Under »
Dictionary Says

Definition of 'Unaudited Opinion'

An opinion that can be offered by a Certified Public Accountant before he or she audits an organization's books. This is known as an unaudited opinion, and it will reflect the opinion of the accountant or CPA concerning the organizations's books and financial records. The subsequent audit may or may not bear out the opinion given.
Investopedia Says

Investopedia explains 'Unaudited Opinion'

Unaudited opinions are given to provide the organization being audited with some idea of the expected results. This is the opposite of an audited opinion, which is given at the end of an audit and is based upon its findings.

Articles Of Interest

  1. Surviving The IRS Audit

    Keeping thorough records and knowing the penalties make this experience easier than you'd expect.
  2. Getting A Job As The Tax Man

    If you'd like the IRS to pay you some money for a change, consider a career working in taxes.
  3. A Look At Accounting Careers

    More than just crunching numbers, this career blends detective work with trouble shooting.
  4. 12 Things You Need To Know About Financial Statements

    Discover how to keep score of companies to increase your chances of choosing a winner.
  5. Avoid An Audit: 6 "Red Flags" You Should Know

    Don't make yourself a target - steer clear of these attention-grabbing tax-filing practices.
  6. Evaluating The Board Of Directors

    Corporate structure can tell you a lot about a company's potential. Learn more here.
  7. An Inside Look At Internal Auditors

    Find out why these number crunchers are part of every chief officer's dream team.
  8. Pay Attention To The Proxy Statement

    Don't overlook this overview of a company's well-being.
  9. Explaining Amortization In The Balance Sheet

    Amortization is important to account for intangible assets. Read to find out more about amortization.
  10. Top 4 Most Competitive Financial Careers

    If your goals include a big paycheck and working for a Wall Street firm, then you need to learn how to meet employers' expectations.
comments powered by Disqus
Marketplace
Hot Definitions
  1. Network Effect

    A phenomenon whereby a good or service becomes more valuable when more people use it. The internet is a good example...
  2. Racketeering

    Racketeering refers to criminal activity that is performed to benefit an organization such as a crime syndicate. Examples of racketeering activity include...
  3. Lawful Money

    Any form of currency issued by the United States Treasury and not the Federal Reserve System, including gold and silver coins, Treasury notes, and Treasury bonds. Lawful money stands in contrast to fiat money, to which the government assigns value although it has no intrinsic value of its own and is not backed by reserves.
  4. Fast Market Rule

    A rule in the United Kingdom that permits market makers to trade outside quoted ranges, when an exchange determines that market movements are so sharp that quotes cannot be kept current.
  5. Absorption Rate

    The rate at which available homes are sold in a specific real estate market during a given time period.
  6. Yellow Sheets

    A United States bulletin that provides updated bid and ask prices as well as other information on over-the-counter (OTC) corporate bonds...
Trading Center