Unqualified opinion

Definition

An independent auditor's opinion that a company's financial statements comply with accepted accounting procedures. Antithesis of qualified opinion.

Nearby Terms

Unpaid dividend Unquadragintillion Unqualified opinion Unquinquagintillion Unrealized capital gain/loss

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Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

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Covenant
An agreed action to be undertaken (Positive) or not done (Negative). A breach of a covenant is a default.

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