Audit report - qualified and disclaimer of opinion

[Bijay Shrestha]

Dear Friends,

Can an Auditor give both Qualified Opinion and Disclaimer of Opinion in the same Audit Report ?

Actually the Auditor wants to give qualified opinion in some area and for some other area he couldnot get the enough evidence, thats why he wants to give disclaimer also.

AI Summary

Auditor opinion modifications are mutually exclusive; an auditor cannot combine qualified and disclaimer opinions in one report.
Modifications to the auditor's opinion are mutually exclusive: a qualified opinion addresses material but limited misstatements, an adverse opinion addresses pervasive misstatements, and a disclaimer arises when the auditor cannot obtain sufficient appropriate audit evidence. An auditor should not use a disclaimer to evade responsibility and must document steps taken and reasons for inability to obtain evidence, applying the appropriate single form of opinion modification consistent with auditing standards and statutory obligations.