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1. Before expressing a qualified opinion an auditor should always try to resolve problems with the management of the organization concerned.
2. Last year our house accounts got a qualified opinion I had not kept the supporting etc. of my purchases.
3. Auditor's opinions are classified into four categories: unqualified opinion, qualified opinion , adverse opinion, disclaimer opinion.
4. CPA's audit report includes an unqualified opinion with emphasis on matter paragraph, a qualified opinion, an adverse opinion and a disclaimer of opinion.
5. If the audit report of a company gives a qualified opinion or a disclaimer opinion, would it affect your confidence in investing in this company?
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