What specific financial statements of Bevaris Alliance Franchise System, LLC are included in the audit?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
We have audited the accompanying financial statements of Bevaris Alliance Franchise System, LLC (a Delaware limited liability company), which comprises the balance sheet as of December 31, 2023 and 2022, and the related statements of income (loss), changes in member's equity, and cash flows for the years then ended, and the related notes to the financial statements.
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, the audit includes specific financial statements for Bevaris Alliance Franchise System, LLC. The audit encompasses the balance sheets as of December 31, 2023, and 2022.
In addition to the balance sheets, the audit also incorporates the statements of income (loss), changes in member's equity, and cash flows for the years then ended. These statements provide a comprehensive view of the company's financial performance and position over the two-year period.
Finally, the audit includes the related notes to the financial statements, which offer further details and explanations of the figures presented in the primary financial statements. This collection of financial statements, along with the auditor's opinion, aims to present a fair representation of Bevaris Alliance Franchise System, LLC's financial status in accordance with generally accepted accounting principles in the United States of America.