These are types of Audits.
•Unmodified or Unqualified–Financial Statements are in conformity with GAAP–Unqualified (definition): Without
reservation or limitation.
•Qualified/Adverse/Disclaimer–Other types of opinions, indicating some problem.•Qualified: with the exception
of one issue, the financial statements are presented in conformity with GAAP.
•Adverse: financial statements are not in conformity with GAAP.
•Disclaimer: auditor is unable to give an opinion on the financial statements.
You need to find an article from let's say Wallstreet something very accurate and write about Types of Audit
Opinions. just a page is enough.
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