Before or during a brand new concern, a statement by an auditor that a comfort letter formerly published is still legitimate. A comfort letter is a statement suggesting that, while a full review is not done, overview of the issue's prospectus has revealed nothing inaccurate or inaccurate. The bring-down convenience letter indicates the previous comfort letter is still good.
casual document issued because of the accounting firms of a company ratifying the financial information offered is accurate plus in conformity with relevant accounting principles. The bring-down page can be used to help expand verify that the accountants ratify the original convenience page. Frequently made use of whenever a company is planning to issue an IPO.