Following is not a type of audit report
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O Clean audit report
O Qualified audit report
Negative audit report
O Statutory audit report
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Four Different Types of Auditor Opinions
Unqualified opinion-clean report.
Qualified opinion-qualified report.
Disclaimer of opinion-disclaimer report.
Adverse opinion-adverse audit report.
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The clean audit report is not a type of audit report.
What are the types of audit reports?
Unqualified Opinion:
- This opinion is issued by the auditor to determine the financial records which are provided by small business
- It shows that financial record is maintained properly which is known as generally accepted accounting principles
Qualified Opinion:
- It is the type of opinion in which financial records do not maintain
- This opinion same as unqualified opinion in writing which include a paragraph with the highlighted reasons
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