KPMG LLP, the independent firm that audits the fund's financial statements, issued an unqualified audit opinion with no reportable findings.
What does UAO stand for?
UAO stands for Unqualified Audit Opinion (finance)
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
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We have 20 other meanings of UAO in our Acronym Attic
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Samples in periodicals archive:
To date, of the 12 municipalities that in Gauteng, eight received unqualified audit opinions.
For fiscal year 2010, 20 of 24 Chief Financial Officers (CFO) Act agencies were able to attain unqualified audit opinions on their accrual-based financial statements within an accelerated reporting timeframe, up from 6 CFO Act agencies for fiscal year 1996.
ASMC: How important do you think it is for DoD to achieve an unqualified audit opinion on its financial statements?
Yet despite these internal control problems, all companies received an unqualified Audit Opinion #3, and 163 received an unqualified Audit Opinion #1, indicating that their financials were prepared appropriately and that management's reports on internal controls were all accurate; i.
The independent public accounting firm or the DoD inspector general will make an independent assessment of the available information to determine whether it appears likely that the component will receive an unqualified audit opinion on the military equipment balance.
Errors in the company's books and records that are less than this amount are considered immaterial and do not require financial statement adjustments to obtain an unqualified audit opinion.
The JDS is arguing that E&Y should not have given an unqualified audit opinion that the group's accounts were correct as this was not the case, largely due to the liability Equitable had to its GAR policyholders.