What is a qualified audit opinion?

A qualified audit opinion is a statement issued by an auditor after an audit has been done, and where there might be:

• Limitation of scope in the auditors’ work;
• Disagreement with management regarding the application or adequacy of accounting policies; or
• The auditor has identified an issue that is material or of financial consideration.

To learn more about qualified/unqualified audit opinions and auditor’s reports, please refer to our Auditor’s Report Guide.

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