Glossary of Compliance

Compliance Glossary

Our list of curated compliance glossary offers everything you to know about compliance in one place.

Glossary » SOC 2 » Auditor’s Opinion

Auditor’s Opinion

An auditor’s opinion is a written statement by an independent auditor expressing an opinion on the fairness and consistency of a company’s financial statements with generally accepted accounting principles (GAAP). The auditor’s opinion is typically included in an audit report, a formal document summarizing the auditor’s findings and conclusions from the audit engagement.

An auditor’s opinion is an important part of the audit process because it assures stakeholders (such as shareholders, creditors, and regulators) that the financial statements are reliable and can be relied upon. It is based on the auditor’s professional judgment and is formed after the auditor has completed an audit of the company’s financial statements.

Additional reading

SOC 2 Certification: 5 Steps to Get SOC 2 Certified in 2025

You are here because somewhere in your business improvement plan because your business prospects specifically asked you for your SOC 2 certification. For a cloud hosted company processing sensitive customer data, this is not uncommon and a major sales unblocker. But in order to be certified, you should understand the nitty gritties of the process….

GRC Automation: How to Get Started

Everyone has a strategy for managing governance, risk management, and compliance with industry/government regulations. Businesses refer to these strategies as their GRC (Governance, Risk, and Compliance) program. With the very nature of these concepts constantly evolving, it begs the question—are the strategies in your GRC program equipped to handle enterprise risk management and compliance? Or…

[Product Update] Introducing Sprinto AI: Building Towards Autonomous Compliance and Risk Intelligence

Compliance has always been about balance. Organizations must navigate between risk and readiness, growth and governance, speed and security. But as companies scale, maintaining that balance becomes increasingly difficult. Compliance frameworks multiply. Risks evolve overnight. Evidence becomes outdated faster than it can be reviewed. Traditional GRC tools and basic automation simply can’t keep up with…

Sprinto: Your growth superpower

Use Sprinto to centralize security compliance management – so nothing
gets in the way of your moving up and winning big.

Contact sales