English Dictionary |
ADVERSE OPINION
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Dictionary entry overview: What does adverse opinion mean?
• ADVERSE OPINION (noun)
The noun ADVERSE OPINION has 1 sense:
1. 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
Familiarity information: ADVERSE OPINION used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
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
Classified under:
Nouns denoting communicative processes and contents
Hypernyms ("adverse opinion" is a kind of...):
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)
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