Up to what date did Beard Papas evaluate subsequent events after the balance sheet date?

According to Beard Papas's 2025 Franchise Disclosure Document, the company evaluated subsequent events occurring after the balance sheet date through February 14, 2024. The balance sheet date is not explicitly stated in this excerpt, but is generally understood to be December 31, 2023, as the document references the years ended December 31, 2024 and 2023 in other contexts.

This evaluation is a standard accounting practice to identify any events or transactions that occurred after the balance sheet date but before the financial statements are issued that could materially affect the company's financial position. Beard Papas's management determined that there were no subsequent events that needed to be recorded or disclosed in the financial statements.

For a prospective franchisee, this means that Beard Papas has taken steps to ensure the accuracy and completeness of its financial statements by considering events that occurred after the close of the fiscal year. This provides a level of assurance that the financial information presented is reliable and reflects the most up-to-date information available at the time the statements were issued.