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What is a qualified report in Auditing?

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Question added by Rehan Qureshi , Financial Consultant , Self Employeed
Date Posted: 2013/12/18
mohamed sabeen
by mohamed sabeen , QHSE Manager , Novus catering service

A qualified audit report is a statement that shows a company's fiscal statement giving factual and fair view subject to certain qualifying comments. Business ventures try hard to evade a qualification which indicates weaknesses in their monetary situation or domestic controls.

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