Does All County specify if the annual compiled statement of the Advertising Fund is audited?

According to All County's 2025 Franchise Disclosure Document, All County will prepare an annual compiled statement of monies collected and costs incurred by the Advertising Fund. This statement will be furnished to franchisees upon written request. The FDD does not specify whether this annual compiled statement is audited.

Typically, an audited statement provides a higher level of assurance regarding the accuracy and reliability of the financial information presented. The absence of an audit requirement might raise concerns about the extent of independent verification of the Advertising Fund's financial activities.

Prospective All County franchisees should consider asking the franchisor whether the annual compiled statement is audited, and if not, what measures are in place to ensure the accuracy and transparency of the Advertising Fund's financial reporting. Understanding the level of financial oversight can help franchisees assess the management and use of their advertising contributions.