What is the meaning of ADVERSE OPINION?

Expressed if the basis of accounting is unacceptable and distorts the financial reporting of the corporation. If auditors discover circumstances during the course of the audit that make them question whether they can issue an unqualified opinion, they should always discuss those circumstances with the client before issuing the opinion, in order to determine whether it is possible to rectify the problem.

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APABarry Goldsmith. (2010). adverse opinion. Retrieved September 28, 2026, from http://smartdefine.org/adverse_opinion/definitions/1147305
ChicagoBarry Goldsmith. 2010. "adverse opinion" http://smartdefine.org/adverse_opinion/definitions/1147305 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, adverse opinion, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/adverse_opinion/definitions/1147305>.
MLABarry Goldsmith. "adverse opinion" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/adverse_opinion/definitions/1147305>
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