What is the auditor's responsibility regarding the planned timing of the audit of C12 Group?

According to the 2025 C12 Group Franchise Disclosure Document, the auditor is required to communicate with those charged with governance regarding the planned timing of the audit. This communication is part of a broader set of responsibilities that also includes discussing the planned scope of the audit, significant audit findings, and certain internal control-related matters identified during the audit.

This requirement ensures that the audit process is transparent and that key stakeholders are informed about the audit's timeline and important findings. By communicating the planned timing, the auditor allows those charged with governance to prepare for the audit and allocate resources accordingly. This proactive communication helps facilitate a smoother and more efficient audit process.

For a prospective C12 Group franchisee, this indicates that the franchisor's financial statements are subject to a thorough and transparent audit process. The communication requirement ensures that any potential issues or concerns identified during the audit are promptly brought to the attention of those in charge, promoting accountability and sound financial management within the C12 Group organization.