What is the date of the financial audit for Advanced Mobile Iv And Amiv?
Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDDAnswer from 2023 FDD Document
To the Members Advanced Mobile IV, LLC St. George, Utah
Opinion
We have audited the accompanying financial statements of Advanced Mobile IV, LLC, which comprise the balance sheet as of December 31, 2022, and the related statements of operations, members' equity, and cash flows for the year then ended, and the related notes to the financial statements.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Advanced Mobile IV, LLC as of December 31, 2022, and the results of its operations and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinion
We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the Company and to meet our other ethical responsibilities in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Responsibilities of Management for the Financial Statements
Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that the financial statements are available to be issued.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2023 FDD)
According to Advanced Mobile Iv And Amiv's 2023 Franchise Disclosure Document, the financial statements were audited as of December 31, 2022. The audit included the balance sheet as of this date, along with the statements of operations, members' equity, and cash flows for the year then ended.
The Independent Auditor's Report indicates that the audit was conducted following generally accepted auditing standards in the United States. The auditors believe that the evidence they obtained was sufficient and appropriate to provide a basis for their audit opinion. Management is responsible for the preparation and fair presentation of the financial statements.
This audit provides potential franchisees with an independent assessment of Advanced Mobile Iv And Amiv's financial position and performance. Franchisees should carefully review these audited statements and related notes to understand the franchisor's financial health and stability. Understanding the franchisor's financial standing can help a franchisee assess the risks and potential rewards of investing in an Advanced Mobile Iv And Amiv franchise.