On what date was the auditor's report for Bb.Q Chicken issued?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
Independent Auditor's Report on Consolidating Information December 31, 2024 and 2023
Independent Auditors' Report on Consolidating Information
To the Board of Director and Stockholders of BBDOTQ USA, Inc.:
We have audited the accompanying consolidated financial statements of BBDOTQ USA, Inc and its subsidiaries for the period ended December 31, 2024 and 2023, and our report thereon dated February 24, 2025, which expresses an unqualified opinion on those financial statements, appears on page 1. Our audits were conducted for the purpose of forming an opinion on the consolidated financial statements as a whole. The consolidating information in Schedule I and II is presented for purpose of additional analysis of the consolidated financial statements rather than to present the financial position, results of operation, and cash flows of the individual companies, and it is not a required part of the consolidated financial statements. Accordingly, we do not express an opinion on the financial position, result of operations, and cash flows of the individual companies.
The consolidating information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare financial statements. Such information has been subjected to the auditing procedures applied in the audit of the consolidated financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the consolidated financial statements or to the consolidated financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, consolidating information is fairly stated in all material respects in relation to the consolidated financial statements as a whole.
Ridgefield Park, New Jersey
February 24, 2025
Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, the Independent Auditor's Report on Consolidating Information for the period ended December 31, 2024 and 2023, was issued on February 24, 2025. This report, which expresses an unqualified opinion on the financial statements, appears on page 1 of the document.
An earlier Independent Auditor's Report on Consolidating Information for the period ended December 31, 2023 and 2022, was issued on April 25, 2024. This earlier report expressed a qualified opinion on those financial statements.
Prospective franchisees should carefully review these reports and any qualifications or opinions expressed, as they provide an independent assessment of Bb.Q Chicken's financial standing. Understanding the auditor's perspective can offer valuable insights into the financial health and stability of the franchise system.