Adverse opinion

Adverse opinion

Instead of an unqualified opinion, it's an opinion by a CPA that the financial statements do not represent fairly the results of the operations of the company and/or are not in conformity with generally accepted accounting principles (GAAP)

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Part of Speech: noun
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Blossary:
Industry/Domain: Accounting
Category: Tax
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Related terms

adverse opinion

Financial services; General Finance

An independent auditor's opinion expressing that a firm's financial statements do not reflect the company's position accurately. See also: Qualified opinion.

adverse opinion

Accounting; Tax

Instead of an unqualified opinion, it's an opinion by a CPA that the financial statements do not represent fairly the results of the operations of the company and/or are not in ...

adverse opinion

Banking; Personal banking

An opinion letter accompanying audited financial statements in which the CPA reports that the financial statements do not fairly present the financial position or the results of ...

opinion

Accounting; Auditing

A CPA's conclusion held with confidence but not substantiated by positive knowledge or proof.

opinion

Education; SAT vocabulary

A conclusion or judgment held with confidence, but falling short of positive knowledge.

opinion

Legal services; Courts

A judge's written explanation of a decision of the court or of a majority of judges. A dissenting opinion disagrees with the majority opinion because of the reasoning and/or the ...

fine

Accounting; Tax

of very high quality, very thin Fine, pregiato, di qualità

ability

Accounting; Tax

ability, is collection of polypedons or parts of them in a map, being members of taxon or sort of miscellaneous unit for which map unit is named. Simple or complex names for the ...