Bring-down comfort letter,
Definition of Bring-down comfort letter:
Informal document issued by the accountants of a company ratifying that the financial information provided is accurate and in accordance with relevant accounting principles. The bring-down letter is used to further verify that the accountants ratify the initial comfort letter. Often used when a company is planning to issue an IPO.
Meaning of Bring-down comfort letter & Bring-down comfort letter Definition
