What are the types of opinions in the audit report? What are the situations that cause opinions other than positive opinions? According to what criteria does the auditor evaluate these situations when giving a non-positive opinion? Please explain why the auditor's opinion is a different opinion than the positive one.

Generally there are four types of opinions in the audit report-

A. Unqualified opinion or clean report will be provided when auditors give favourable comments for the company and they do not include any kind of adverse comment.

B. Qualified opinion and qualified report will be provided when auditor is not confident about any specific process of transaction that prevent them from issuance of unqualified report.

C. Disclaimer of opinion is another report which will be reflecting that auditor is giving a disclaimer of opinion and they are distancing themselves from providing any opinion at all, because there is a lot of ambiguity.

D. Adverse audit report is a type of audit opinion in which auditors are not satisfied with the financial statements and they are discovering various types of material misstatement.

There are various situations like there are Mis -representations along with frauds and there will be ambiguity and lack of Management willingness to provide information which led to 2 other than positive opinion.

Auditors will be evaluating the management of the financial accounting as well as they will be trying to acknowledge the preparation of various books of accounts and determine whether the misrepresentations or frauds have been done for the company tried to hide something so they will be offering with non positive opinion.

Auditor's opinion is other than the positive opinion when they will believe that the company did not follow up with the the required guidelines and they will be reflecting that they either cannot have an opinion based upon the information or there are lack of information or there are lack of willingness of management or there are fraud and misrepresentation.