What is the planned scope of the audit that the auditor communicates to those charged with governance at C12 Group?

According to C12 Group's 2025 Franchise Disclosure Document, the auditor is required to communicate the planned scope and timing of the audit to those charged with governance. This communication also includes significant audit findings and certain internal control related matters identified during the audit. This is a standard practice in auditing to ensure transparency and proper oversight of the financial review process.

For a prospective C12 Group franchisee, this indicates that the company's financial audits are subject to external scrutiny and that the auditor communicates directly with those in charge of governance. This provides a level of assurance that financial matters are being reviewed independently and that any significant issues or findings will be brought to the attention of the appropriate parties.

This communication helps to maintain the integrity of the financial reporting and provides stakeholders with confidence in the accuracy and reliability of the financial statements. Franchisees can take comfort in knowing that the franchisor's financial health is regularly assessed and that any potential issues are identified and addressed in a timely manner.