A standard form SAS 72 or auditor representation letter delivered to the issuer's auditors in an unregistered securities placement or issuance so that the accountants can prepare and deliver a comfort letter. This letter can also be adapted for use in those circumstances when a SAS 72 representation letter is required in the registered offering context.
PLC Corporate & Securities
The full text of this resource is available by logging in or by requesting a trial. If you have any questions, please contact us or your Practical Law Account Executive.
A free trial will give you:
Unlimited access to our online legal know-how services during the trial period
Full training and support
Six issues of Practical Law The Journal, the companion to Practical Law online
Weekly update e-mails on current legal developments in your practice area