A clean audit report implies that:

Name: A clean audit report implies that:
Brand: Quizplus
Rating: 4.7 (53 reviews)

Question

Quizplus · Accepted Answer

A clean audit report, also known as an unqualified opinion, indicates that the auditors believe the financial statements present fairly, in all material respects, the financial position, results of operations, and cash flows of an entity in accordance with the applicable financial reporting framework. It does not guarantee the absence of any fraud or error, nor does it reflect the beliefs of directors or shareholders directly.

A Clean Audit Report Implies That