Unaudited Opinion


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.

BREAKING DOWN '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.

  1. Audit

    An unbiased examination and evaluation of the financial statements ...
  2. Financial Statements

    Records that outline the financial activities of a business, ...
  3. Accounting Valuation

    The process of valuing a company's assets for financial-reporting ...
  4. Internal Audit

    The examination, monitoring and analysis of activities related ...
  5. Certified Public Accountant - CPA

    A designation given by the American Institute of Certified Public ...
  6. Accountant

    A professional who performs accounting functions such as audits ...
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