- 1. n. an opinion concerning financial statements (usually based on an audit by a CPA) that the statements as a whole do not present results fairly or are not in conformity with the generally accepted accounting practices of the United States Source: wordnet
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adverse opinion
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statementsacceptedaccountingauditbasedconcerningconformityCPAfairlyfinancialopinionpracticespresentresultsStatesunitedwhole
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