What is the auditor's responsibility regarding internal controls when auditing Aira Fitness's financial statements?

According to Aira Fitness's 2025 Franchise Disclosure Document, the auditor's responsibility regarding internal controls is to obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. However, this understanding is not for the purpose of expressing an opinion on the effectiveness of the company's internal control, and the audit report explicitly states that no such opinion is expressed.

The auditor's role includes identifying and assessing the risks of material misstatement of the financial statements, whether due to fraud or error, and designing audit procedures responsive to those risks. These procedures involve examining evidence regarding the amounts and disclosures in the financial statements on a test basis.

Furthermore, the auditor is responsible for evaluating the appropriateness of the accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. The auditor must also conclude whether there are conditions or events that raise substantial doubt about Aira Fitness's ability to continue as a going concern. The auditor is required to communicate with those charged with governance regarding the planned scope and timing of the audit, significant audit findings, and certain internal control-related matters identified during the audit.