four primary types of auditor's reports issued on financial statements: Unqualified Opinion (Clean Opinion): This is the most desirable outcome, indicating that the auditor found the financial statements to be presented fairly in all material respects, in accordance with the applicable financial reporting framework (e.g., GAAP, IFRS). Qualified Opinion: This report indicates that the financial statements contain a material departure from the applicable financial reporting framework. However, the departure is not so significant as to prevent the auditor from expressing a limited opinion on the overall fairness of the presentation. Adverse Opinion: This report expresses a negative opinion, indicating that the financial statements contain material misstatements that prevent them from being fairly presented in accordance with the applicable financial reporting framework. Disclaimer of Opinion: This report signifies that the auditor is unable to obtain sufficient appropriate audit evidence to support an opinion on the financial statements. This can occur due to limitations on the scope of the audit or significant uncertainties surrounding the financial information