Charles O'Connor & Associates – Chartered Accountants

Qualified Audit Opinion: What “Except For” Really Means for a Company

Qualified Audit Opinion: What “Except For” Really Means for a Company Received a qualified audit opinion? Here is what Jamaican CEOs, CFOs and boards need to understand about the qualification and what happens next. Few phrases create tension in a boardroom quite like “qualified audit opinion.” It sounds serious. It can be serious. But it […]

How to Read an Auditor’s Report: What Jamaican Boards Should Look at First

How to Read an Auditor’s Report: What Jamaican Boards Should Look at First What does an auditor’s report actually tell you? A practical guide for Jamaican CEOs, CFOs and boards on audit opinions, key audit matters and warning signs. Most directors do not need another lesson in accounting. They need to know where to look […]

7 Audit Myths Jamaican Business Leaders Should Stop Believing

7 Audit Myths Jamaican Business Leaders Should Stop Believing For many Jamaican businesses, the external audit is treated as something to survive once a year. The auditors come in, ask for documents, test transactions, review balances, issue a report, and everyone moves on. But for medium and large companies, that mindset is too narrow. An […]

Do You Need an Audit in Jamaica? Here’s How to Tell

Do You Need an Audit in Jamaica? Here’s How to Tell Many business owners and finance leaders in Jamaica ask the same question around year-end: Do we actually need an audit, or are we just assuming we do? It is a fair question. Audits take time, planning, and money. But waiting too long to find […]