What did the auditors of Best Brains believe regarding the audit evidence they obtained?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of Best Brains Inc. and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the auditors, Accutax Bizsolutions LLC, stated that they believe the audit evidence they obtained was sufficient and appropriate to provide a basis for their audit opinion. This opinion pertains to the financial statements of Best Brains Inc.
The auditors based their opinion on audits conducted in accordance with generally accepted auditing standards in the United States of America. These standards require the auditors to be independent of Best Brains and to meet ethical responsibilities relevant to the audit.
This statement indicates that the auditors found the financial information presented by Best Brains to be fairly and accurately represented, giving potential franchisees some assurance about the financial health of the company. Prospective franchisees should review the full audited financial statements and notes, and consider consulting with a financial advisor, to fully understand the implications of the audit for their investment decision.