A qualification by an auditor stating that the financial statements of the company audited give a true and fair view 'except for' certain effects. This implies that some adjustments might be necessary but are not so significant as to require a disclaimer or adverse opinion.
'Except For' Opinion refers to one of the two qualified opinions issued by an auditor indicating that the financial statements are fairly presented except for certain specified conditions requiring disclosure.
Understanding the implications and reasons behind a qualified opinion in the auditor's opinion accompanying financial statements.
A comprehensive explanation of a qualified opinion issued by auditors, including its definition, significance, implications, and place in an auditor's report.
