â I nsider tradingâ refers to transactions in a companyâs securities, such as stocks or options, by corporate insiders or their associates based on information originating within the firm that would, once publicly disclosed, affect the prices of such securities.
A: A management letter is an auditor's letter addressed to the client, according to Allbusiness.com. It is a letter written by company management that confirms the accuracy of an audit. An audit is an examination and verification of a company's financial and accounting records and supporting documents presented by a professional, such as a certified public accountant.
management letter that discusses certain matters involving internal control and its operation that were identified during the audit but were not required to be included in the auditorâs reports. In connection with the contract, we reviewed Lani Ekoâs letter and related documentation and inquired of its representatives.