qualified statements
[/ˈkwɒlɪfaɪd ˈsteɪtmənts/]
nounpl: qualified statements
declarações com ressalvas
1. Statements or assertions that are limited, modified, or restricted by conditions, exceptions, or reservations; not absolute or unconditional
The auditor issued qualified statements about the company's financial health due to incomplete records.
O auditor emitiu declarações com ressalvas sobre a saúde financeira da empresa devido a registros incompletos.
2. In legal and business contexts, statements that contain limitations or caveats that reduce their absolute validity or applicability
The witness gave qualified statements regarding what he actually witnessed versus what he heard secondhand.
A testemunha deu declarações com ressalvas sobre o que realmente presenciou em comparação com o que ouviu de terceiros.
3. In auditing, a type of audit opinion that is not fully unqualified due to limitations in scope or disagreements with accounting practices
The accountant provided qualified statements in the annual report due to valuation uncertainties.
O contador forneceu declarações com ressalvas no relatório anual devido às incertezas de avaliação.
Qualified statements are particularly important in Brazilian business and legal culture, where formal documentation requires precise language. In auditing, 'parecer com ressalvas' (qualified audit opinion) is a standard term used by certified accountants (CPA equivalent) when financial statements cannot receive an unqualified clean opinion. This reflects the regulatory standards set by CVM (Comissão de Valores Mobiliários) and accounting bodies in Brazil.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →