Comfort letter

Definition: [crh] A letter from an independent auditor included in a preliminary prospectus stating that, while a full audit has not been undertaken, the auditor has done a 'review' sufficient to assure that finDefinition: ancial statement information in the preliminary prospectus is correctly prepared to the best of the auditor's knowledge. The auditor in effect states that, had a full audit been done, they are comfoDefinition: rtable that the audited financial statements would not be materially different from the ones presented in the preliminary prospectus.

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