Where can I find the report of independent certified public accountants in the Auntie Annes FDD?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
| Report of Independent Certified Public Accountants | 1 |
|---|---|
| Consolidated financial statements: | |
| Consolidated balance sheets | 3 |
| Consolidated statements of operations | 5 |
| Consolidated statements of changes in member's deficit | 6 |
| Consolidated statements of cash flows | 7 |
| Notes to consolidated financial statements | 8 |
Source: Item 23 — RECEIPTS (FDD pages 106–366)
What This Means (2024 FDD)
According to the 2024 Auntie Annes FDD, the Report of Independent Certified Public Accountants can be found within Item 23, which pertains to receipts and financial statements. Specifically, the table of contents indicates that this report is located on page 1 of the consolidated financial statements.
The report includes the opinion of Grant Thornton LLP, the independent certified public accountants, regarding the consolidated financial statements of GoTo Foods Systems LLC and Subsidiaries. This opinion confirms that the financial statements present fairly the financial position of the company as of December 31, 2023, and December 25, 2022, and the results of its operations and cash flows for the years then ended, in accordance with accounting principles generally accepted in the United States of America.
The report also outlines management's responsibilities for the financial statements, including the design, implementation, and maintenance of internal controls. Additionally, it details the auditor's responsibilities, which include conducting audits in accordance with auditing standards generally accepted in the United States of America and adhering to ethical requirements.