Canadian lawyers, use this template form to prepare an Audit Confirmation Letter in response to an inquiry request from a client's auditors.
The Audit Confirmation Letter provides information required by the company's accountants to prepare and audit the corporate financial statements, such as:
- confirmation that the law firm is the solicitor of record for the corporation,
- details of any claims against the corporation which the lawyers have been retained to handle,
- any outstanding accounts owed by the company to the law firm,
- any amounts held in trust on behalf of the company.
The file also includes a copy of the form of Audit Request Letter
which should be sent from the client to the law firm to prompt the confirmation response.
This Canada Audit Confirmation Letter
is in accordance with the Joint Policy Statement of the Canadian Bar Association and the CICA Auditing Standards Committee. It is available in MS Word format and is fully editable to meet your needs.