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Disclaimer of Opinion; Mat Weak and SIG Def INDEPENDENT AUDITOR? S REPORT ON COMPLIANCE WITH REQUIREMENTS THAT COULD HAVE A DIRECT AND MATERIAL EFFECT ON EACH MAJOR FEDERAL PROGRAM AND ON INTERNAL
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Disclaimer of opinion mat is a statement issued by an auditor when they are unable to express an opinion on the financial statements of a company.
A company is required to file a disclaimer of opinion mat if its auditor is unable to form an opinion on its financial statements.
To fill out a disclaimer of opinion mat, the auditor needs to explain the reasons for not being able to express an opinion on the company's financial statements.
The purpose of a disclaimer of opinion mat is to inform users of the financial statements that the auditor could not form an opinion on their reliability or accuracy.
The disclaimer of opinion mat should include a clear explanation of the reasons for not being able to express an opinion, as well as any limitations on the scope of the audit.
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