158 paragraphs found
The auditor ordinarily requests a copy of the final offering document (and any document incorporated by reference in it) for the sole purpose of reading it to identify any possible matters that may impact providing the comfort letter, or its final form …
The comfort letter is dated when issued which is ordinarily on, or shortly after: the entity‟s representation letter is received; when the underwriting agreement(s) is/are signed; when the signed engagement letter is received; and before finalisation of …
The engagement letter ordinarily specifies the date, often referred to as the cut-off date, to which the procedures specified by the requesting parties in the letter are to relate, ordinarily between three and five working days before the date of the …
Comments included in an earlier comfort letter that relate to information in the offering document may be incorporated by reference in a subsequent bring down comfort letter. …
The requesting parties may request the auditor to issue an updated comfort letter, ordinarily referred to as a bring down comfort letter, at the offering pricing, closing of the offering document and/or subsequent dates depending on the offering …
Appendix 4 contains an illustrative bring down comfort letter. (Ref: Para. 70 ) …
The concepts and discussions on obtaining written representations relevant to an audit engagement are contained in Auditing Standard ASA 580 Written Representations , and may be helpful in determining the form and content of written representations …