What is the auditor's responsibility regarding Alloy's ability to continue as a going concern?

According to Alloy's 2025 Franchise Disclosure Document, the auditor's responsibility includes concluding whether there are conditions or events that raise substantial doubt about Alloy's ability to continue as a going concern for a reasonable period of time. This assessment is made by the auditor based on their professional judgment, considering all relevant conditions and events in the aggregate.

To fulfill this responsibility, the auditor must evaluate the appropriateness of the accounting policies used by Alloy's management and the reasonableness of significant accounting estimates. This involves a thorough review of Alloy's financial statements and related disclosures to ensure they are presented fairly and in accordance with generally accepted accounting principles.

It's important to note that the auditor's assessment is not a guarantee of Alloy's future viability. Instead, it is a professional opinion based on the information available at the time of the audit. If the auditor identifies substantial doubt about Alloy's ability to continue as a going concern, this will be disclosed in the auditor's report, providing transparency to potential investors and franchisees.