Unmodified = nonissuer; unqualified = issure (I think)
Per 2014 Wiley Book #47:
“If a publicly held company issues financial statements that purport to present its financial position and results of operations but omits the statement of cash flows, which of the following types of opinion is most likely to be appropriate?
a. Disclaimer
b. Qualified
c. review report with negative assurance
d. unmodified opinion with a separate emphasis-of-matter paragraph.
(b) is correct b/c omissions of required information, a departure from GAAP, leads to either a qualified or adverse opinion.”
FAR - 87 2/18/14
AUD - 84 4/2/14
REG - 87 7/23/14
BEC - 78 8/26/14
I'm finally an *official* CPA - TX