Definition

Auditors’ qualification

Auditors’ qualification is a form of words in a report from the auditors of a company’s accounts, stating that in their opinion the accounts are not a true reflection of the company’s financial position and profit or loss for the year.

Category: Economics
References
Share it:  Cite

More from this Section

  • Monetary Targeting
    Monetary Targeting is a policy which attempts to directly limit the growth in the total ...
  • Demand shocks
    Demand shocks is the shocks that can shift the aggregate demand curve, including changes ...
  • Banking Cycle
    Banking Cycle is an economic cycle which results from cyclical changes in the attitudes ...
  • General Equilibrium
    General Equilibrium is neoclassical economics assumes that production, employment, investment, ...
  • Yield on a discount basis
    Yield on a discount basis is the measure of interest rates by which dealers in bill markets ...