Question

if an auditor is not satisfied with the fairness of balance sheet and profit and loss account he will give a​

Answer 1

Answer:

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Answer 2

If an auditor is not satisfied with the fairness of balance sheet and profit and loss account he will give a Qualified Report.

Explanation:

Definition of Qualified Report:

• A Qualified Report is a document that certifies that a person is qualified.
• If the auditor is dissatisfied with any information or explanation provided to him, or believes that the balance sheet and profit and loss accounts do not reflect a truthful and fair picture of the company's financial situation, he will issue a qualified report.