A "comfort letter" to an investment banking firm will normally not:

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Comfort letters are written by the auditor to the underwriter of securities during the underwriting process. They are not included with the registration statement but are provided separately to the underwriter. Comfort letters typically include positive assurance (i.e., a statement that the financial statements have been audited and the auditor's opinion is included in the registration statement), statements about the auditors' independence, and information about the procedures performed by the auditors in connection with the comfort letter. Negative assurance (i.e., a statement that the auditors did not find any material misstatements) may also be included in some cases.

A "Comfort Letter" to an Investment Banking Firm Will Normally