Holding company's auditor's opinion v.02

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In order to give users of financial statements better audit opinions in terms of Holding Companies, we could do something like this.

Holding Company XYZ, list of component companies:

Holding Interim Company XYZ, auditor BIG1, opinion: unqualified, Holding's Overall Balance sheet contribution 50%, Holding's Overall Revenue contribution 20%, Holding's Overall Cost contribution 20%.

Company ZYX, auditor BIG2, opinion: unqualified, Holding's Overall Balance sheet contribution 40%, Holding's Overall Revenue contribution 80%, Holding's Overall Cost contribution 78%.

Company NEWB1, auditor BIG3, opinion: qualified, Holding's Overall Balance sheet contribution 5%, Holding's Overall Revenue contribution 0%, Holding's Overall Cost contribution 1%.

Company NEWB2, auditor BIG4, opinion: qualified, Holding's Overall Balance sheet contribution 5%, Holding's Overall Revenue contribution 0%, Holding's Overall Cost contribution 1%.

Summary:
Unqualified Opinion: 90/100/98 %
Qualified Opinion: 10/0/2 %

The reason why this might be a better way of doing it is, a qualified opinion should not taint the whole Consolidation more than its significance.

And qualified was not meant to mean bad reports or useless reports, and people treat it like it is. Which is not fair and not real.


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