adverse opinion

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Noun1.adverse opinion - 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 Statesadverse opinion - 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
opinion, view - a message expressing a belief about something; the expression of a belief that is held with confidence but not substantiated by positive knowledge or proof; "his opinions appeared frequently on the editorial page"
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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.
The province has always been associated with disclaimers and adverse opinions and we have not had this for three years in a row, he said.
There are many adverse opinions about industries but I cannot afford to have that time to think of such antiindustry stand".
In a report, the Congressional Planning and Budget Office (CPBO) said the Department of Transportation and Communications, Department of Agriculture, Department of Agrarian Reform and Department of Environment and Natural Resources received adverse opinions on their financial records for five straight years from 2008 to 2012.
As a result of these mandates and the corresponding increase in scrutiny of internal controls, a number of companies received adverse opinions on their internal controls, which likely impacted to some extent the relationship with their auditors.
This is particularly evident in the policy groups of cohesion (see other article), research, energy and transport, external aid, development and enlargement, for which the court continues to issue adverse opinions due to a significant level of errors.
Why should they switch mental models and start unnecessarily dishing out information that could result in questions, adverse opinions, internal squabbling, delays and ultimately risk?
The filing said there have been no adverse opinions in the audit reports for the most recent two fiscal years.
Most of all, keep any adverse opinions about her ex to yourself.
There's abundant concern that a higher-than-expected level of deficiencies, material weaknesses and adverse opinions could send some investors running unless those issues are carefully explained.
We provide various examples of qualified, disclaimer, and adverse opinions in the Appendix.
The council's vice-chairman, John Mason, said it was clear that adverse opinions about the overall management of the hospital were being expressed.