The Four Types of Audit Opinion/Report Every Entrepreneur Must Know (1)

The Four Types of Audit Opinion/Report Every Entrepreneur Must Know (1)

2. Qualified Opinion-Qualified Report
Audit firm Spancom technologies in Dubai won’t issue a clean report if they are not confident about any specific process or transaction. In such a situation, auditors in Dubai will issue a Qualified Opinion instead of an Unqualified Opinion. Investors regard a Qualified Opinion unacceptable as they project an adverse picture of a company’s financial state. In such reports, the auditors will state the reasons why they are not about to issue an Unqualified Opinion.
3. Disclaimer of Opinion-Disclaimer Report