Qualified Audit Opinion on Financial Statements
Pulilan · 2021
Severity: HighRecommendation: Unknown
What Happened?
Category: Financial ManagementIssue: Non-complianceThe auditor found some problems with the town's financial reports, so they could not fully approve them. This means the financial statements may not be completely accurate or reliable.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"The Auditor rendered a qualified opinion on the fairness of presentation of the financial statements of the Municipality in view of the significance of exceptions noted in audit as stated in the Independent Auditor’s Report."
