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.