Attorney's Letter

(redirected from Attorney Letter)

Attorney's Letter

In an audit, a letter an accountant sends to a lawyer verifying the client's lawsuits. In order to assess the financial state of a company, the accountant needs an accurate picture of the lawsuits it is facing and any actual or potential judgments against it. The attorney's letter requests this information.
References in periodicals archive ?
The court requested the family member of the victim to produce power of attorney letter regarding blood money, which will be provided to the victim's family.
The lower court held that this too was extortion, as "the allegations of sexual misconduct were tangential to the business dispute." This was, however, reversed on appeal, mainly because the attorney letter did not overtly threaten to turn anyone in, report someone to the authorities, or public expose or ridicule anyone -- he merely threatened to expose the names to court where the complaint was to be filed.
The first transfer was authorised by Pavlov, one of the two managing directors of BG Printmedia, who used a power of attorney letter from Grozev to authorise the deal.
For example, a motor vehicle insufficient fund check goes through the following status changes: electronic "representment" by a vendor, 30 days; department letter, the next 15 days; collections unit letter, the next 15 days; sheriff's office tag removal, the next 45 days; district attorney letter, the next 45 days; cancellation with the State of Kansas, the next 15 days; and, finally, district attorney prosecution, if evidence and witnesses are available.
We have only had to send an attorney letter twice, for a total of about $18,000.
"It is this implicit message that `get[s] the debtor's knees knocking' and makes the attorney letter a particularly effective method of debt collection," the court wrote.
Will Galcik stop displaying Keane's "Family Circus" cartoons on the site, as the attorney letter demanded?
To evaluate properly the effect of environmental matters on a client's financial statements, and in connection with the auditor's assessment of the adequacy of the client's disclosures, it would be advisable (although not required by generally accepted auditing standards) for the auditor to request that the client's legal counsel address these matters in its attorney letter. The client's refusal to include these matters in its inquiry of a client's lawyer concerning litigation, claims and assessments could constitute a scope limitation, possibly resulting in a qualified opinion or a disclaimer of opinion.
The first transfer was authorised by Pavlov, one of the two managing directors of BG Print-media, who used a power of attorney letter from Grozev to authorise the deal.
Registration papers of 35 cars, cash transfer receipts to the tune of Dh11,833,486 and a power of attorney letter purportedly issued by a Dubai court, were also recovered during the raid.
Task forces have been established to address internal control, audit committees, quality control and other issues (document retention, concurring partner reviews, foreign affiliate issues and attorney letter amendments).
* Evidence supporting financial statement amounts and disclosures--specifically relating to attorney letters, obtaining waivers and consideration and evaluation of subsequent events.
Full browser ?