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Adverse Opinion

Definition of the noun adverse opinion

What does adverse opinion mean as a name of something?

noun

  1. an opinion concerning financial statements (usually based on an audit by a CPA) that the statements as a whole do not present results fairly or are not in conformity with the generally accepted accounting practices of the United States
    • lexical domain: Communicative Processes - nouns denoting communicative processes and contents
    • more generic words: opinion / view = a message expressing a belief about something

Printed dictionaries and other books with definitions for Adverse Opinion

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Google previewDictionary of Finance and Investment Terms, 9th ed. (2014)

by John Downes, Jordan Goodman

ADVERSE OPINION opinion expressed by a company's independent auditors that the firm's financial statements do not accurately reflect the company's current financial position or operating results. An adverse opinion is a far more serious ...

Google previewDictionary of Finance and Investment Terms (2010)

ADVERSE OPINION opinion expressed by a company's independent auditors that the firm's financial statements do not...

An adverse opinion is a far more serious finding than a QUALIFIED oPINIoN, in which only some issues are of concern ...

Google previewThe Entrepreneur's Dictionary of Business and Financial Terms (2013)

by Khwaja Masoom

Adverse Opinion: Expression of an opinion in an Auditors7 Report which states that Financial Statements do not fairly present the financial position, results of operations and cash flows in conformity with Generally Accepted Accounting ...

Google previewLongman Dictionary of Financial Terms (2007)

adverse opinion When an independent auditor finds that a company's accounts are not internally consistent or do not conform ...

Google previewDictionary of Finance, Investment and Banking (2016)

by E. Banks

ADVERSE OPINION An AUDIT OPINION by an EXTERNAL AUDITOR indicating that a company's FINANCIAL STATEMENTS do not accurately reflect its financial ...

Google previewAn International Dictionary of Accounting and Taxation (2004)

Twelve Thousand Plus Entries on Accounting, Auditing and Taxation in the United States, Canada, United Kingdom and Australia by Guy Wanjialin

adverse opinion an auditor's opinion stating that the financial statements do not present fairly in conformity with GAAP or inadequate disclosure of essential data. adverse ruling a ruling issued ...

Google previewDICTIONARY OF BUSINESS AND ECONOMIC TERMS, 5th ed. (2007)

ADVERSE OPINION ACCOUNTANT'S OPINION concerning financial statements, that the statements are not in conformity with GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) and/or that they do not present results fairly.

Google previewThe New York Times Dictionary of Money and Investing (2002)

The Essential A-to-Z Guide to the Language of the New Market by Gretchen Morgenson, Campbell R. Harvey, Ph.D.

adverse opinion 5 mined adjustments of the interest rate at regular intervals based on an established index. The interest rate is adjusted at each interval to a rate equivalent to the index value plus a predetermined spread, or margin, over the ...

Google previewA Dictionary of Finance and Banking (2014)

by Market House Books

adverse opinion An opinion expressed in an * auditors' ...

Google previewFinancial Lexicon (2004)

A Compendium of Financial Definitions, Acronyms, and Colloquialisms by E. Banks

ADVERSE OPINION An AUDIT OPINION by an external auditor indicating that a company's financial statements do not accurately reflect its financial position and cannot be relied on as a result of omissions, errors, lack of information, or lack of ...

Google previewDictionary of Accounting (1985)

by Ralph W. Estes

adverse opinion; disclaimer of opinion. audit program A list or description of ...

Google previewDictionary of International Accounting Terms (2001)

by John Owen Edward Clark

adverse opinion Auditor's report that states that a company's financial statements are not fair or do not comply with generally accepted accounting principles. adverse variance Difference ...

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