opinion shopping

opinion shopping definition - business

opinion shopping

The search for an accounting firm that will provide the desired opinion for a financial statement. Firms sometimes go opinion shopping when their current auditors consider their accounting practices questionable or unacceptable. Investors should spend extra time investigating firms that have recently changed auditors.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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