Who is the independent registered public accounting firm that prepared the financial statements for Budget?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
Deloitte & Touche LLP
30 Rockefeller Plaza New York, NY 10112 USA
Tel: +1 212 492 4000 Fax: +1 212 489 1687 www.deloitte.com
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Stockholders and the Board of Directors of Avis Budget Group, Inc. Parsippany, New Jersey
Opinion on the Financial Statements
We have audited the accompanying consolidated balance sheets of Avis Budget Group, Inc. and subsidiaries (the "Company") as of December 31, 2024 and 2023, the related consolidated statements of operations, comprehensive income, stockholders' equity, and cash flows for each of the three years in the period ended December 31, 2024, and the related notes and the schedule listed in the Index at Item 15 (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our audits. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 79)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, the independent registered public accounting firm that audited the consolidated financial statements of Avis Budget Group, Inc. is Deloitte & Touche LLP. Their principal office is located at 30 Rockefeller Plaza, New York, NY 10112, USA.
Deloitte & Touche LLP issued a report expressing their opinion on the consolidated balance sheets of Avis Budget Group, Inc. and its subsidiaries as of December 31, 2024 and 2023. They also audited the consolidated statements of operations, comprehensive income, stockholders' equity, and cash flows for each of the three years in the period ended December 31, 2024.
The report confirms that the financial statements present fairly the financial position of the company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America. Deloitte & Touche LLP states they are registered with the Public Company Accounting Oversight Board (PCAOB) and are required to be independent with respect to the Company in accordance with U.S. federal securities laws.