Auditors report

This query is : Resolved 

28 March 2014 difference between adverse and qualified report ...?????

28 March 2014 Qualified report means Auditor is authorising that all the financial statements & Business Activities of an enterprise r Fair & according to Accounting Policies & Standards.

And adverse is vice versa i.e, the business is not performing its activities as per the accounting standards or it is a sick unit.


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