Attestation

  

Categories: Accounting, Regulations

Creating a will? Don’t forget to have someone (anyone) witness that important signing moment. That’s what attestation is all about. Attestation is a legal thumbs up in the form of a signature that confirms that a document is the real deal.

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Finance: What is a Comfort Letter?6 Views

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Finance a la shmoop what is a comfort letter? S....See the smooth curves there is [An S letter appears]

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that comforting okay okay comfort letter is a letter

00:13

this kind of letter written by an expert usually someone like an auditor or a tax [Expert appears with comfort letter]

00:18

attorney in one form or another who has done deep due diligence into a company

00:24

looked at myriad details and data and volume counts of plastic cubes in their

00:31

inventory and then they've looked at their distribution contracts

00:35

you know with truckers and retail stores and drone deliverers and then they've [Drone flying in the air]

00:40

looked at their bank accounts both the onshore ones and the offshore ones that

00:45

you know they don't really like to talk about and then about 87 ish other things

00:50

that all those people look at and then they write a letter like an actual

00:55

letter which is usually given to the Board of Directors or an acquirer or

01:00

the investigating party whoever that is and that letter states that what the

01:05

company says it has or does is in fact what it has or does which is a good [Man discussing comfort letters]

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thing to know so this letter well it just gives comfort to everyone

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the only challenge can be you know trying not to become too comfortable [Man working near a waterfall]

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