Accountant’s Opinion
An accountant’s opinion is the report provided by an accountant after the accountant has analyzed a business’ financial books and records by following generally accepted auditing and accounting standards.
This can sometimes be necessary in high-dollar value website purchases. The buyer may hire an accountant to perform an audit of the website business’ books and deliver an opinion.
The opinion is classified as either a qualified or unqualified opinion. This depends on the scope of the audit and the accountant’s confidence in the information and data that he reviewed.
A qualified opinion includes information that the accountant could not directly confirm due to limitations in the scope of the audit.
Author: Kris Tabetando
Kris Tabetando provides mergers & acquisitions (M&A) advisory and brokerage services to Internet companies. He also partners with investors to acquire & manage Internet businesses.
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