How are qualified opinions and adverse opinions expressed in the auditor's report different from one another? Qualified opinions confirm that financial statements appear to be true though more information is needed to confirm the opinion, whereas adverse opinions state that the statements appear to be false though more information is needed to confirm the opinion. Qualified opinions state that financial statements are inaccurate due to a lack of conformity with GAAP, whereas adverse opinions state that financial statements are inaccurate as a result of inadequate disclosure. Qualified opinions state that financial statements are an accurate reflection of financials while highlighting minor exceptions to the standard, whereas adverse reports indicate exceptions that are so material that veracity cannot be confirmed. Qualified opinions state that financial statements are an accurate reflection of financials, whereas adverse opinions state that the statements are inaccurate due to errors, omissions, and fraudulent entries