Is the annual report of the Azal Coffee marketing fund audited?

According to Azal Coffee's 2024 Franchise Disclosure Document, the annual report of receipts and disbursements of the marketing fund may be unaudited. Azal Coffee will submit the report to franchisees upon request, but the report can be prepared by Azal Coffee itself and is not required to be audited.

This means that prospective Azal Coffee franchisees should be aware that the financial information provided regarding the marketing fund's activities may not have been verified by an independent accounting firm. While Azal Coffee is obligated to provide an annual report, the lack of an audit could raise concerns about the accuracy and completeness of the information presented.

Franchisees might want to inquire about the typical contents of the annual report, how the funds are allocated, and what internal controls are in place to ensure proper management of the marketing fund. It would be prudent for a potential franchisee to discuss the marketing fund's performance and transparency with existing franchisees during their due diligence process.