A "clean" audit report asserts-among other things-that (a) the auditor has prepared all necessary financial statements and (b) management has expressed its opinion that they are prepared in conformity with GAAP.

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A "clean" audit report, also known as an unqualified opinion, asserts that the financial statements are prepared by management and are presented fairly in all material respects in accordance with GAAP (Generally Accepted Accounting Principles). The auditor's role is to audit these statements and express an opinion on their fairness, not to prepare the financial statements or express management's opinion.

A "Clean" Audit Report Asserts-Among Other Things-That (A) the Auditor