Disclaimer of opinion
The auditor declines to say whether the accounts are reliable: there was not enough evidence to assert anything either way.
How to read the number
Not a bad verdict and not a good one — it is the absence of a verdict. The accounts remain unconfirmed, and anyone relying on them does so at their own risk.
When the metric lies
A disclaimer is often about access rather than bookkeeping: a closed perimeter, lost documents, restricted procedures. The reason sits in the wording, not in the figures.
Also known as: disclaimer of audit opinion