CPAs are regularly asked to provide a loan broker, lender, or other third party with a comfort letter or verification letter on behalf of their clients. More and more types of information are being requested to be verified by various agencies, lenders, health insurance providers, etc.
A CPA may unintentionally violate professional standards by signing these requests, so it is very important that you know what you’re being asked to certify, what the risks are, and other options you may have.
Click here for further information, helpful resources including a sample letter, and articles.