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Exhibit 2: Suggested Wording for a CPA Comfort Letter . I am writing to you in response to a written request of my tax clients, Mr. and Mrs. Tax Client. This letter confirms to you that I prepared the federal tax forms for 200X and 200Y for the Client family. These forms included Schedule C, Profit or Loss From Business. SAS 72. The form and content of the most com- monly used comfort letter in interna- tional offerings is governed by the US accounting profession's AU Section 634.
of comfort letters in supplementing the underwriters' due diligence review of the financial signed copy of the applicable accountants' report and (ii) a manually signed consent to an audit will ordinarily result in a quali Bank Comfort Letter · Letter of Comfort Bank Comfort Letter (BCL MT799) · Comfort letters are ordinarily signed by the a Client b · Comfort letters are ordinarily Comfort letters or ordinarily are signed by the client's. Independent auditor.
2017-04-29
Bank Comfort Letter (BCL) A Bank Comfort Letter is a document issued by a bank on behalf of its client (buyer) to a supplier, to assure the supplier of the financial ability and legality of the buyer in maintaining consistent trade. Comfort letters ordinarily are signed by the client's: Independent auditor When an accountant issues to an underwriter a comfort letter containing comments on data that have not been audited, the underwriter most likely will receive: Comfort letters ordinarily are signed by the client’s a.
Comfort letters are addressed to client company's audit committees signed by senior management. Comfort letters are addressed to client's Underwriters of securities signed by Independent auditor. 8 Comfort letter generally covers the period from date of ____ to the effective date of ___.
The comfort letter is sent to the underwriter. Choice "d" is incorrect. Comfort letters ordinarily are signed by the client’s a. Independent auditor. b. Underwriter of securities. c.
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Comfort Letters: Are They Legally Binding?
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D)Internal auditor. B is corrent because comfort letters (also referred to as letters for underwriters) are signed by the independent auditor. In a comfort letter, issued in conjunction with a registration of securities, an auditor refers to subjects such as independence, compliance of audited financial statements with SEC requirements, unaudited financial statements, Government Auditing Standards and the Single Audit Act are not applicable to a comfort letter related to the issuance of securities.