factual

What is the date of the Independent Auditors' Report for Afuri Ramen Dumpling?

Afuri_Ramen_Dumpling Franchise · 2024 FDD

Answer from 2024 FDD Document

SKY ACCOUNTANCY CORPORATION

INDEPENDENT AUDITORS' REPORT

To the Board of Directors and Shareholder of Afuri Franchise, Inc.

Opinion

We have audited the accompanying financial statements of Afuri Franchise, Inc. (the "Company"), which comprise the balance sheet as of December 31, 2023, and the related statements of operations, changes in stockholder's 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 the Company as of December 31, 2023, 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 ("U.S. GAAP").

Basis for Opinion

We conducted our audit in accordance with auditing standards generally accepted in the United States of America ("GAAS"). 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 audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Source: Item 23 — Receipts (FDD pages 50–189)

What This Means (2024 FDD)

The Afuri Ramen Dumpling 2024 Franchise Disclosure Document includes Independent Auditor's Reports from Sky Accountancy Corporation. One report covers the financial statements as of December 31, 2022. The other report covers the financial statements as of December 31, 2023.

These reports are included to provide an independent opinion on the fairness and accuracy of Afuri Ramen Dumpling's financial statements. The auditors state that the financial statements present fairly the financial position of the company as of the specified dates, in accordance with accounting principles generally accepted in the United States of America.

Prospective franchisees should review these audited financial statements and notes carefully to understand Afuri Ramen Dumpling's financial performance and stability. It is important to note the specific dates covered by each audit report to assess the timeliness and relevance of the information. Consulting with a financial advisor is recommended to fully understand the implications of the audit reports.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.