What is the auditor's responsibility regarding the timing of the audit for Bens Soft Pretzels?

According to the 2025 FDD, the auditor for Ben's Soft Pretzels is required to communicate with those charged with governance regarding the planned scope and timing of the audit. This communication ensures that the audit process is transparent and that key stakeholders are informed about when and how the audit will be conducted. This is a standard practice in auditing to maintain open lines of communication and address any concerns or questions from those overseeing the organization.

Specifically, the auditor, Insight Accounting Group, P.C., must discuss the planned scope of the audit, which includes the areas and activities that will be examined. They also need to communicate the timing of the audit, providing an overview of when the audit procedures will take place. Additionally, the auditor is responsible for reporting any significant audit findings and internal control-related matters identified during the audit.

This requirement ensures that Ben's Soft Pretzels maintains financial transparency and accountability. By communicating the audit's scope and timing, the auditor allows for better preparation and cooperation from the company's management. This ultimately contributes to the reliability and accuracy of the financial statements, which are crucial for potential franchisees in making informed investment decisions.