In the study, auditors in Finland were examined to see if they were likely to change their audit reports based on the firm's situation and the auditor's qualifications. The research looked at small and medium-sized companies and found that modified audit reports were more common in struggling firms. Surprisingly, it was discovered that auditors with higher qualifications were not more inclined to modify audit reports compared to those with lower qualifications. However, auditors who were not considered professional were less likely to make changes. The law in Finland requires all companies to be audited, but only larger businesses need a professional auditor. Interestingly, failing companies were less likely to be audited by professionals than non-failing ones.