What is the auditor's responsibility regarding the timing of the audit for Aw?

According to Aw's 2025 Franchise Disclosure Document, the auditor is required to communicate with those charged with governance regarding the planned scope and timing of the audit. This communication also includes significant audit findings and certain internal control-related matters identified during the audit. The auditor's report included in the FDD covers the financial statements for the years ending December 31, 2024, and 2023.

The independent auditor, Muhammad Zubairy, CPA PC, issued their report on April 10, 2025. This report expresses an opinion on whether Aw's financial statements present fairly the company's financial position as of December 31, 2024, and 2023, and the results of its operations and cash flows for those years, in accordance with accounting principles generally accepted in the United States of America.

Furthermore, Aw evaluates events that have occurred after the balance sheet date but before the financial statements are issued. For the 2024 financial statements, subsequent events were evaluated through April 10, 2025, which was the date the financial statements were available to be issued. This indicates that the audit process includes a review of events occurring up to the point the financial statements are finalized and released.