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What is a "Qualified Audit Report"?

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تم إضافة السؤال من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
تاريخ النشر: 2015/01/13
Muhammad Kamran Hafeez
من قبل Muhammad Kamran Hafeez , ACCA Trainee , Millat tractors Ltd

An auditor’s report is qualified when there is either a limitation of scope in the auditor’s work, or when there is a disagreement with management regarding application, acceptability or adequacy of accounting policies.

Mohammed Salim Allana
من قبل Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

Agreed with Kamran, it is a report which carries disagreement on accounting policies, practices or certain transactions carried out by the company during the financial year. 

Jijumon James
من قبل Jijumon James , SENIOR ACCOUNTANT , BADR AL SAMAA HOSPITAL

Qualified audit report is one type of Modified  Report, express true and fair view opinion subject to some reservations.

Zain Malik ACCA
من قبل Zain Malik ACCA , Financial Analyst , Middle East Propulsion Company Limited

Qualified audit report is, when auditor modifies his opinion if the financial statements are not fairly presented or when the generally accepted accounting principals are not followed properly.

FITAH MOHAMED
من قبل FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

>>>>>>> I AGREE WITH MR M. KURMAN ANSWER  

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