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LSDefine

Simple English definitions for legal terms

audit opinion

Read a random definition: postliminium

A quick definition of audit opinion:

An audit opinion is a statement made by a certified public accountant about a company's financial statements. It tells us if the statements are accurate and follow the rules. It's like a report card for a company's finances. If the opinion is good, it means the company is doing well. If it's bad, it means there might be problems.

A more thorough explanation:

Definition: An audit opinion is a certified public accountant's opinion regarding the audited financial statements of an entity.

Example: A company hires a certified public accountant to review their financial statements. The accountant then provides an audit opinion stating whether the financial statements are accurate and comply with generally accepted accounting principles.

Explanation: An audit opinion is a professional assessment of a company's financial statements. The opinion is based on the accountant's review of the company's financial records and their compliance with accounting standards. The opinion can be unqualified, meaning the financial statements are accurate and comply with accounting standards, or qualified, meaning there are issues with the financial statements that need to be addressed.

audit of return | audit privilege

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I did 2x and they said "The vast majority of candidates who have submitted their complete application by our deadline will be notified by the last day of April"
like kinda fucked
16:50
ugh that's so annoying
law schools that ghost should give you your money back
or reject
like man GIVE IT BACK!!!!
ClassyPleasantHeron
16:56
Schools explicitly asking applicants to retake the LSAT are TTTs pretending to be 2nd tier.
LMAOOO
like man oklahoma more like oklahowaboutyoueatmyshoe
me when that person on reddit said UofU wave and it's.... 3 people
help who just posted that right after I started bitching in chat
my heart fell straight into my ass mind u
and i just got a fucking app status tracker update... not for UofU... my BP is so spiked rn
QuarrelsomeTurkey
18:29
does anyone know if bu ever releases after 5 pm
Lol @jupitersmoons It feels like UofU is screwing with us haha
fr like I know it"s Mountain Time but bestie we have less than half an hour before typical EOD
what we doing
Real
19:17
new COAs are out
19:37
Anyone know how long it takes to get aid package after getting admitted to UChicago or Northwestern?
I’d ask in the t14 chat bc lol it may be a bit until you can get someone who can answer that question here
21:19
@syddak: Oof tough spot. Congrats on the As. Did either indicate either via email/mail that they would be following up with aid, and if so, did they provide a time frame? It may be acceptable to email them and indicate seat deposits are fast approaching and you are curious if you can expect further info (aid) from the school to aid u in ur decision..
0:26
@UnderRepresentedTryhard: that’s a greater than sign. Meaning outside t14
0:27
Schools>t14
IrishDinosaur
13:38
I'm convinced USC doesn't really exist
IrishDinosaur
13:38
it's an elaborate hoax
i showed a guy at asd my lsd profile. little does he know that im an influencer
babycakes
16:36
u such a crazy flexer
the fellas were impressed by the r less cycle
you guys have really impressive lsats, nice job
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