Weegy: An unqualified audit report is a "clean bill of health" that an auditor delivers to a corporation. This type of report means the auditor did not detect any significant internal control breakdown during his examination. [ An auditor typically applies generally accepted auditing standards (GAAS) to ensure that a firm's internal controls are adequate, functional and established in conformity to laws and regulations. An auditor issues a qualified opinion when she encounters one of two types of scenarios which do not adhere to generally accepted accounting principles (GAAP): single deviation from GAAP and scope limitation. Read more: The Difference Between a Qualified & Unqualified Audit Report | eHow.com ] (More)