Search results
Results from the WOW.Com Content Network
A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.
A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .
A comfort letter is a document prepared by an accounting firm assuring the financial soundness or backing of a company. [1] The comfort letter can be issued by a Certified Public Accountant declaring no indication of false or misleading information in the financial statements and that the company's prospectus follows the prevailing accounting standards.
Letter of comfort (contract law) Letter of credence; Letter of intent; Letter of Jeremiah; Letter of recommendation; Letter of Reconciliation of the Polish Bishops to the German Bishops; Letter of Tansar; Letter of the Karaite elders of Ascalon; Letter of transmittal; A Letter to a Hindu; Letter to a Priest; Letter to Flora; Letter to His ...
Original file (1,275 × 1,650 pixels, file size: 605 KB, MIME type: application/pdf, 2 pages) This is a file from the Wikimedia Commons . Information from its description page there is shown below.
1. From the inbox, click Compose. 2. In the "To" field, type the name or email address of your contact. 3. In the "Subject" field, type a brief summary of the email.
Talk: Comfort letter. ... Print/export Download as PDF; Printable version; This article is rated Stub ... WikiProject Business Template: ...
Negative assurance is not appropriate unless the CPA has made an examination in accordance with GAAS for the accounting period before the current one. This is because the auditor needs evidence that can be related to comfort letter procedures. For negative assurance to be permissible, the evidence must have been gathered directly by the CPA ...