Auditor's Opinion | Adverse Opinion Explained

Auditor's Adverse Opinion

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An auditor will express an adverse opinion if

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A. B. C. D. E.

D

The auditor will express a qualified opinion when the statements are fairly presented in accordance with GAAP except for the effects of the matter to which the qualification applies. When the statements as a whole are not fairly presented in conformity with GAAP, a qualified opinion will be inappropriate, and an adverse opinion must be expressed.