Types of Audit Report? Difference between General Purpose Audit Report and Special Purpose Audit Report?

Types of Audit Reports: 1. Unqualified Audit Report: The auditor issues an unqualified audit report to financial statements when auditors found no material misstatements after their testing. Therefore, this report contains an unqualified opinion from an independent auditor. 2. Qualified Audit Report: The qualified Audit report is the reported issue by auditors to the financial…...

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