Congress enacted the National Labor Relations Act (NLRA) in 1935 to protect the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices, which can harm the general welfare of workers, businesses and the U.S. economy.. [Â§152.] When used in this Act [subchapter]--. (1) The term person includes one or more individuals, labor organizations, partnerships, associations, corporations, legal representatives, trustees, trustees in cases under title 11 of the United States Code [under title 11], or receivers.
Unqualified Opinion. Often called a clean opinion, an unqualified opinion is an audit report that is issued when an auditor determines that each of the financial records provided by the small business is free of any misrepresentations.dverse Opinion. The worst type of financial report that can be issued to a business is an adverse opinion. This indicates that the firmâs financial records do not conform to GAAP. In addition, the financial records provided by the business have been grossly misrepresented.
The words âreasonableâ and âlimitedâ convey the level of assurance obtained by the auditor at the end of the audit. I.e. the level of confidence or certainty that the business has complied with its AML/CFT obligations. The Reasonable Assurance Audit requires more work from the auditor than a Limited Assurance Audit as a larger sample size is taken. The auditor will express the conclusion in a positive form.