unqualified opinion

Definition

Auditor's opinion of a financial statement, given without any reservations. Such an opinion basically states that the auditor feels the company followed all accounting rules appropriately and that the financial reports are an accurate representation of the company's financial condition. opposite of qualified opinion.

Use unqualified opinion in a sentence

Although his unqualified opinion was indeed positive, there was no way he could figure out how they were hiding expenses.

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When the auditor discovered irregularities in the financial reports at United Widgets, she was left unable to give an unqualified opinion of their financial condition.

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Max gave his unqualified opinion that Hills Bank had followed all appropriate procedures and that they were not ind anger of losing their credibility in the small town.

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unqualified audit audited financial statements