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    Four Types of Auditor Opinions

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    Auditors cannot say that the books have been done 100% correctly because they cannot possibly look over every part of them. They instead give an opinion based on a sampling of the information - if the samples check out then they can give an unqualified opinion - which is the best that you can get. What are some other types of opinions? Why would a company get one of those opinions?

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    Solution Preview

    An independent auditor is contracted to provide an audit opinion for a company's financial statements. The opinions provided are as follows:

    1) Unqualified opinion. The highest type of opinion provided, it translates to fairly presented, error free ...

    Solution Summary

    Solution includes unqualified, qualified, disclaimer, and adverse opinions.