Unmodified opinion
An unmodified opinion is expressed when the auditor concludes that the financial statements are prepared, in all material respects, in accordance with the applicable financial reporting framework. It follows evaluation of sufficient appropriate evidence and the required presentation and disclosures.
Worked example
The auditor concludes that identified misstatements are immaterial and that required disclosures are adequate.
Common mistake
An unmodified opinion does not certify that every number is exact or that the business is financially sound.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | AA | Direct | September 2026–June 2027 |
| ACCA | AAA (INT) | Direct | September 2026–June 2027 |