With whom are the auditors required to communicate regarding the audit of Caring Transitions?

According to the 2025 FDD, Caring Transitions' auditors are required to communicate with those charged with governance. This communication includes the planned scope and timing of the audit. It also includes significant audit findings and certain internal control related matters identified during the audit.

For a prospective Caring Transitions franchisee, this indicates that the company's financial audits are subject to oversight by an independent body. This body receives direct communication from the auditors regarding the audit's scope, findings, and any internal control issues. This process helps ensure the accuracy and reliability of Caring Transitions' financial statements.

This communication requirement is a standard practice in financial auditing, designed to provide an additional layer of scrutiny and accountability. Franchisees can take comfort in knowing that the financial information provided by Caring Transitions is reviewed not only by the auditors but also by those charged with governance, promoting transparency and potentially mitigating financial risks.