Attorney's letter

An attorney’s letter is issued by a CPA to the attorney of a client, requesting verification of pending litigation information provided by the client to the CPA. In essence, the letter seeks to confirm that the information provided by the client is accurate and complete. Upon receipt of a response from the attorney, the CPA determines whether the client’s legal situation has a material impact on the information reported in its financial statements, especially in regard to any possible losses from damages awarded as the result of a lost lawsuit.