An accounting firm's statement provided to a company preparing for a public offering, confirming that unaudited financial data in the prospectus follows GAAP, and that no significant changes have occurred since the report was prepared.
Related information about comfort letter:
- Comfort letter - Wikipedia, the free encyclopedia
A comfort letter is a document prepared by an accounting firm assuring the financial soundness or backing of a company. The comfort letter can be issued by a ...
- Comfort Letter Definition | Investopedia
A letter given to organizations or persons of interest by external auditors regarding statutory audits, statements and reports used in a prospectus. The comfort ...
- CPA Comfort Letter to Lenders
CPAs are regularly asked to provide a loan broker, lender or other third party with a comfort letter on behalf of their clients. To guide you in the right direction, ...
- Comfort Letter - Financial Dictionary - The Free Dictionary
A letter from an independent auditor included in a preliminary prospectus stating that, while a full audit has not been undertaken, the auditor has done a 'review' ...
- What is comfort letter? - BusinessDictionary.com
Definition of comfort letter: Banking: Informal letter from a bank indicating its willingness to support a customer with a short-term loan, if and when required.
- What is comfort letter? definition and meaning - InvestorWords.com
Definition of comfort letter: An accounting firm's statement provided to a company preparing for a public offering, confirming that unaudited financial data in the ...
- What is a Comfort Letter?
Comfort letters are informal letters that are sometimes prepared by accounting firms. The subject matter of the comfort letter often centers on the results of a ...
- Comfort Letter - Answers
Term used when underwriters request 'comfort' from an auditor about financial information in SEC registration statements not covered by the auditor's opinion.