How often does Carbones Pizzeria evaluate its estimates and assumptions?

According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the company evaluates its estimates and assumptions on an ongoing basis. This evaluation is based on historical experience and various other factors that are believed to be reasonable under the circumstances. This is done to ensure that the financial statements conform with accounting principles generally accepted in the United States of America (US GAAP).

This ongoing evaluation is a standard accounting practice. It means Carbones Pizzeria continuously reviews its financial assumptions to ensure they remain accurate and realistic. These estimates and assumptions affect the amounts reported in the financial statements as well as related disclosures.

However, the FDD also notes that actual results could differ from these estimates. This is a standard disclaimer acknowledging the inherent uncertainty in financial forecasting. Prospective franchisees should understand that while Carbones Pizzeria takes steps to ensure its estimates are reasonable, there is always a risk that actual financial performance could deviate from these projections.