Category 4 Hurricane Irma Bearing Down on Florida Keys Irma â at one time the most powerful hurricane ever recorded in the open Atlantic â left more than 20 people dead across the Caribbean as it steamed toward the U.S.
What is a 'Qualified Opinion'. A qualified opinion is a statement issued after an audit is done by a professional auditor that suggests the information provided was limited in scope and/or the company being audited has not maintained GAAP accounting principles.
A qualified opinion is listed in the third and final section of an auditorâs report. The first section of the report outlines managementâs responsibilities in regards to preparing the financial statements and maintaining internal controls, while the second section outlines the auditorâs responsibilities.