Definitions
There is 1 meaning of the phrase
Adverse Opinion.
Adverse Opinion - as a noun
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
Example Sentences
"The audit firm issued an adverse opinion on the company's financial statements."
"The board of directors expressed concern about the adverse opinion from the auditors."
"The CEO was disappointed with the adverse opinion given by the external auditors."
"The company's stock price plummeted after news of the adverse opinion spread."
"Shareholders were alarmed by the adverse opinion expressed in the annual report."
