29 November 2010
A qualified report is a report in which there are some adverse remarks on the accounting or there is some observation which is made by the auditor on the accounts which may have an impact on the true and fair concept.
An unqualified report is a report in which are there no remarks/observations etc
Popular and Useful ... question is not relevant. What has to be done in a particular case has to be done by the auditor.
CAclubindia
