adverse balance

adverse balance A deficit on an account, especially a balance of payments account.

adverse opinion An opinion expressed in an auditors’ report to the effect that the financial statements do not give a true and fair view of the organization’s activities. This situation usually arises when there is a disagreement between the auditor and the directors, and the auditor considers the effect of the disagreement so material or pervasive that the financial statements are seriously misleading. Seeaudit opinion; qualified audit report.

• intermediaries
• intermediate-term
• intermediate terms
• intermediation
• intermodalism
• internal audit
• internal business-process perspective
• internal control
• internal control system
• internal customer
• internal failure costs
• internal growth
• internal marketing
• internal rate of return
• Internal Revenue Code
• Internal Revenue Service
• internal supplier
• internal user
• International Accounting Standard
• INTERNATIONAL ACCOUNTING STANDARDS
• International Accounting Standards Board
• International Bank for Reconstruction and Development
• international banking facility
• International Business Reply Service
• International Capital Market Association