Examlex
Cations are
Auditor Opinions
Formal statements made by an auditor based on an audit of a company's financial statements, indicating the level of reliability of the financial information.
GAAP
Generally Accepted Accounting Principles, the standard framework of guidelines for financial accounting used in any given jurisdiction, particularly in the United States.
Qualified Opinion
An assessment by an auditor indicating that there were some issues or exceptions found during the audit, but none were significant enough to impact the overall accuracy of the financial statements.
Reportable Segment
A distinguishable business unit or segment of an organization for which separate financial information is available and regularly reviewed by the company's management.
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