Get Cpa Letter

Sometimes referred to informally as “comfort letters,” a typical verification request relates to a client's pending loan or refinance, but may also involve employee medical insurance, child adoption applications or use-tax certification.

Comfort letters are statements from an issuer's auditor that the auditor reviewed the issuer's financial data and assures its accuracy. In public offerings, underwriters generally request comfort letters to establish a due diligence defense to avoid liability for securities fraud.

The most common way to get a CPA letter is to contact the CPA that has been preparing tax returns for your business. This person can confirm your income, employment, estimated net worth, and tax return status, giving them the information they need to send the letter.

A certified public accountant (CPA) is a designation provided to licensed accounting professionals. The CPA license is provided by the Board of Accountancy for each state. The American Institute of Certified Public Accountants (AICPA) provides resources on obtaining the license.

A comfort letter is a business document that is intended to assure the recipient that a financial or contractual obligation with another party can and will be met. The sender is often an independent auditor or accountant.

What is a CPA Letter? This is a letter from a certified public accountant, or a CPA, to a prospective lender that vets a borrower's financial health at the time they apply for a home loan. Lenders need the letter before approving funds for a home loan.