auditor's adverse opinion
Definition
Independent auditor's written view (with supporting reasons) that the financial statements of an organization (1) do not fairly present its actual financial position, (2) are not in conformity with the provisions GAAP and/or, (3) the required information was either not disclosed, or (if disclosed) was inadequately disclosed or was inaccurate.
auditor's adverse opinion is in the Accounting & Auditing, Corporate, Commercial, & General Law and Quality Control & Management subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/auditor-s-adverse-opinion.html
email to a friend
print this definition
cite this definition
link to this page
