audit letter
audit letter. A written request for an attorney, banker, or someone else to give financial auditors information about a person or entity being audited, including information about pending or threatened litigation. • The recipient of an audit letter usu. sends the response (called an audit-letter response) directly to the financial auditors. See AUDIT RESPONSE. [Cases: Attorney and Client 106, 112. C.J.S. Attorney and Client §§ 234, 255, 258–260.]