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.
But that is not all! Inside the Yellow Book, the GAO directs auditors to follow the AICPAâs Statements on Auditing Standards (SASs) when conducting a financial audit and then the GAO goes on to classify the Single Audit as a financial audit.