According to Aw's FDD, what is management responsible for designing and implementing?

According to Aw's 2025 Franchise Disclosure Document, management is responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. This responsibility is in accordance with accounting principles generally accepted in the United States of America.

In simpler terms, Aw's management team must create, put in place, and consistently update internal controls. These controls are meant to ensure that the company's financial statements are accurate and presented fairly, without any significant errors or misrepresentations, whether those errors are accidental or intentional.

This is a standard responsibility for management in any organization, especially those dealing with financial reporting. Prospective Aw franchisees should be aware that the accuracy and reliability of the financial statements depend on these internal controls. The auditor's role is to assess these financial statements and provide an opinion on their fairness, but the primary responsibility for the integrity of the financial information lies with the management of Aw.