what is the \"adverse opinion\"? | Forex Trading Course

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Q: what is the "adverse opinion"?

Category: glossary , Asked by: A. Wynn from Peterborough, United Kingdom

A: A professional opinion made by an auditor indicating that a company's financial statements are misrepresented, misstated, and do not accurately reflect its financial performance and health. Adverse opinions are usually given after an auditor's report, which can be internal or independent of the company. Adverse opinions are not a good thing for companies because it implies wrongdoing. An adverse opinion is a red flag for investors and can have major negative effects on stock prices. Auditors will usually give a red flag if the financial statements are significantly different from generally accepted accounting principals (GAAP). Visit Global Forex Trading (GFT)

Q: any site that has applicable interface that you can recommend for me?
Category: platform , Asked by: J. Q. From Brighton, United Kingdom

A: We recommend you to explore "AVA FX". The graphics are nice and the trading environment is completely a realistic one - this "AVA FX" has become one of the leading examples of how a forex site should look. Also, the download and installation of the forex trading interface is easy. The connection is interruptions free, and it is simple to get into and get started.
Q: please define the "funded status"
Category: glossary , Asked by: Zion O. From Charleroi, Belgium

A: "funded status " is The status of pension plan that has accumulated assets that have been set aside for the payment of retirement benefits to employees. Unfunded plans, also called pay-as-you-go arrangements, do not have assets set aside and retirement benefits are usually paid directly from employer contributions. According to an article entitled "Pension Reporting Sparks Debate", which appeared in The Wall Street Journal on July 5, 2006, for nearly 20 years companies have had to include the amount owed to employees based on the projected obligation in the footnotes to the financial statements. However, at the time of writing, FASB has proposed that companies move their pension deficits or surpluses onto the balance sheet, rather than just show them in the footnotes. Moving the "funded" status of pension plans - as well as other retirement benefit obligations like health-care plans - onto the balance sheet could force many companies to recognize a big liability, which could cut their net worths and possibly hinder dividend payments or jeopardize lending agreements.
Q: what is a "lease"?
Category: glossary , Asked by: Selene I. From Pembroke Pines, United States

A: An agreement in which one party gains a long-term rental agreement, and the other party receives a form of secured long-term debt. The lessee gains a long-term contract for the use of an asset, and the lessor is assured of regular payments for a specified number of years.

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Q: what is the "adverse opinion"?

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