What is a Limited Audit?

In a limited audit, the audit team confines its operations to certain audit procedures, or only examines certain functional areas of an organization. Thus, a limited audit has a more restricted scope than a full audit. A business might opt for a limited audit when it only needs to have a specific area examined, or cannot afford the fee for a full audit.

Auditors cannot produce a clean audit opinion when they have engaged in a limited audit.