Assertion: audit | /r/HasAspect | material effect
Facets:
value: in their judgment
type: OTHER
value: for the prior year
type: TEMPORAL
Source sentences:
text: As also required by the standards, management will authorize and request that the successor audit firm provide us with a similar letter of representation stating (a) that it has audited, in accordance with applicable auditing standards, the balance sheet of the Company as of [date of current year’s financial statements] and the related statements of operations, retained earnings, and cash flows for the year then ended, (b) that its audit did not reveal any matters that, in their opinion, might have a material effect on, or require disclosure in, the prior period’s financial statements of the Company, as reported on by our firm, and (c) that it will notify us promptly should anything come to their attention prior to the date their report is issued that, in their judgment, would have a material effect on the financial statements of the Company as of and for the prior year, as reported on by our firm.