But it has not been quite so often remarked that this power (fallible, like every other human attribute) is for the most part absolutely incapable of self-revision; and that when it has delivered an adverse opinion
which by all human lights is subsequently proved to have failed, it is undistinguishable from prejudice, in respect of its determination not to be corrected.
In such circumstances, the auditor may determine that an adverse opinion
is not appropriate, and perhaps potentially misleading, because the significance of the material weakness is not pervasive enough to warrant a conclusion that internal control, taken as a whole, is ineffective.
He happily let the impression take root that he is so keen on becoming a big political hitter in Europe, which he can never be running a non-euro country, that he is hell-bent on fighting a euro referendum in the face of adverse opinion
CHHK's reports on the financial statements of the Company for the fiscal years ended December 31, 2014 and 2015 did not contain an adverse opinion
or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles, except that its report for the fiscal year ended December 31, 2015 contained an emphasis of matter paragraph regarding the Company's ability to continue as a going concern.
The discussion below focuses on material weaknesses and situations in which auditors have identified a material weakness and have issued an adverse opinion
relating to internal control.
Baker adds that while it is not unreasonable to ask a banker to accept a qualified or adverse opinion
, it's not a good long-term solution.
Mrs McGuirk said the case emphasised how important it was that when employers were giving references they should be careful to take reasonable skill and care to ensure the accuracy of all the facts provided in the reference and the accuracy of the facts from which the employer expresses an adverse opinion
of the employee.
Auditors will have to summarize, among other things, the type of report the auditor issued on the financial statements, such as an unqualified, qualified or adverse opinion
, and whether the report on internal control reflects reportable conditions.
The Auditors% opinion shall be expressed in the report and include his/her reasons for qualifying the opinion, disclaiming an opinion, or rendering an adverse opinion
For the first time, the court does not give an adverse opinion
, but a qualified one, since the estimated level of errors for rural development is lower than in previous years, but still over 2%.