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Alexander, unqualified means no problem because it requires people with no qualification to understand, just like you. Yet you interpret wrongly.
The earning huge loss is stated in their going concern statement. 2 separate different things. If you see qualified report must run far far because it means involving fraud!
So many AA fans here. Chong is right and Alexander is not wrong either. Going concern is a positive term actually. The statement is material uncertainty related to going concern. Basically, it’s something that everyone is already aware that for AA to continue its business, it needs to fly, funding and reduce expenses. If it can’t fly, no funding, and expenses continue to increase, the opposite of going concern will be highlighted - goes into PN17/bankruptcy.
AA share price will most probably take a hard time to recover. PN17 is unlikely, AA is too big to fail anyway. Their loan repayment has already been sorted out months ago, no?
An unqualified opinion is an independent auditor's judgment that a company's financial statements are fairly and appropriately presented, without any identified exceptions, and in compliance with generally accepted accounting principles (GAAP). An unqualified opinion is the most common type of auditor's report.
代表审计楼认同账目，不需要更改，如果出现qualified就大条了
