Is the Best Brains Brand Development Fund report audited or unaudited?

According to the 2025 Best Brains Franchise Disclosure Document, the Brand Development Fund report is unaudited. Best Brains prepares an annual report of the receipts and disbursements of the Brand Development Fund. This report will be made available to franchisees upon written request.

Since the report is unaudited, it means that the financial information presented has not been verified by an independent certified public accountant. An audit provides a higher level of assurance regarding the accuracy and reliability of the financial information. The lack of an audit could mean there is a higher risk of errors or misstatements in the report.

Prospective Best Brains franchisees should consider the implications of receiving an unaudited report. While the report offers some transparency into the fund's activities, franchisees may want to independently verify the information or seek clarification from Best Brains regarding the fund's management and expenditures. It is common practice in the franchise industry for larger funds to undergo audits to ensure transparency and accountability.