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Statement on
Auditing Standards
Issued by the Auditing Standards Board
AICPA
American Institute of Certified Public Accountants
Letters for Underwriters and
Certain Other Requesting Parties
( Supersedes Statement on Auditing Standards No. 49, AICPA, Professional
Standards, vol. 1, AU sec. 634.)
C O N T E N T S O F S T A T E M E NT
Paragraph
Introduction 1- 2
Applicability 3- 9
General 10- 20
Guidance on the Format and Contents of Comfort Letters 21- 61
Dating 22- 23
Addressee 24
Introductory Paragraph 25- 29
Independence 30- 31
Compliance With SEC Requirements 32- 33
Commenting in a Comfort Letter on Information Other
Than Audited Financial Statements 34- 52
General 34
Knowledge of the Internal Control Structure 35
Unaudited Condensed Interim Financial Information 36- 37
Capsule Financial Information 38- 40
Pro Forma Financial Information 41- 42
Financial Forecasts 43
Copyright © 1993 by
American Institute of Certified Public Accountants, Inc.
All rights reserved. Requests for permission to make copies
of any part of this work should be mailed to Permissions Department, AICPA,
Harborside Financial Center, 201 Plaza Three, Jersey City, NJ 07311- 3881.
1234567890 AudS 99876543
February 1993 72
