As of what date were the auditor's responsibilities for the audit of Burros Fries' financial statements documented?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
We hereby consent to the use of our Independent Auditor's Report dated December 26, 2023, relating to the financial statements of Burros & Fries Franchise, Inc. for the period ending December 31, 2022, with the Franchise Disclosure Document which was issued by Burros & Fries Franchise, Inc. (Franchisor) on November 15, 2024, or as it may be amended, and with the Burros & Fries Franchise, Inc. Franchise Application.
mushonun Asociatos CPAS
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)
What This Means (2024 FDD)
According to the 2024 Burros Fries Franchise Disclosure Document, the auditor's responsibilities for the audit of the financial statements for the period ending December 31, 2022, were documented as of December 26, 2023. This is according to the Independent Auditor's Report issued by Prudhomme Associates CPAs.
Additionally, the auditor's responsibilities for the audit of the financial statements for the period ending December 31, 2021, were documented as of June 22, 2022. This information is crucial for prospective franchisees as it provides insight into the timeliness and reliability of the financial audits conducted on Burros Fries' financial statements.
It is important to note that the timing of these reports can affect a franchisee's confidence in the financial health and transparency of the franchise system. Franchisees should consider these dates in relation to the issuance date of the FDD to ensure they are reviewing the most current and relevant financial information available.