What is Adverse Opinion?
An adverse opinion refers to the conclusion by an auditor that a company's financial statements inaccurately characterize the company's financial standing.
How Does Adverse Opinion Work?
An adverse opinion is an internal or independent auditor's official written statement of no-confidence in a company's financial statements insofar as it reflects the company's true financial status and adherence to generally accepted accounting principles (GAAP) and disclosure of information.
Why Does Adverse Opinion Matter?
The issuance of an adverse opinion can have serious repercussions for a company as far as its reputation and valuation in the market.
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
Read This Next
My friend Chris was irate. "My broker just ripped me off!" he pouted. "Royal Dutch Shell (NYSE: RDS-A) said...
Read More →
With each passing generation, we find new and better ways of doing things. Yet during times of major economic disruption, change can come about much faster. In just a few short years, a number of...
Read More →
In the June 21 edition of "Principles of Technical Analysis...
Read More →
The covered call strategy is a reliable way to generate income in your investment account on a monthly basis. Basically, this investment approach captures income by selling call option contracts,...
Read More →
Traders find success along many paths, but most follow discretionary or systemic trading rules. Discretionary traders buy and sell based upon what they think is going to happen in the markets....
Read More →
