Question

When an auditor does not have any reservation/ objection regarding the information under audit, which type of audit report is issued to him?

• A. Qualified report
• B. Clean report
• C. Adverse audit report
• D. Disclaimer of opinion

Answer 1

The correct option is B Clean report

Unqualified Opinion - An unqualified opinion should be expressed when the auditor is satisfied in all material respects that the financial report is presented fairly in accordance with:
(a) Accounting Standards and
(b) relevant statutory and other requirements,
so as to present a view which is consistent with the auditor's understanding of the entity's financial position, the results of its operations and its cash flows. It is also known as "clean Report".