adverse opinion

adverse opinion definition - finance
An opinion by an independent auditor that a companyÂ’s financial statements are not accurate. An adverse opinion is worse than a qualified opinion, which says that only some areas of the financial reports are problematic. Adverse opinions occur infrequently and typically lead to investors selling their shares in the company.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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