An auditor’s issuance of a “disclaimed opinion” on Section 404 of The Sarbanes-Oxley Act of 2002—in which the accounting firm reports that it is unable to express an opinion regarding a company’s internal control over financial reporting—may have an impact on market analysts, but it probably won’t get much attention from the Securities and Exchange Commission right now. That’s according to experts, who spoke with Compliance Week regarding a list of such opinions extracted from regulatory filings.
DISCLAIMED:
