On what page of the Checkers FDD can I find the Report of Independent Certified Public Accountants?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Contents | Page | |
|---|---|---|
| Report of Independent Certified Public Accountants | 3 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the Report of Independent Certified Public Accountants can be found on page 3. This report is a crucial component of the financial statements included in the FDD, offering an unbiased opinion on the accuracy and reliability of Checkers' financial records. The presence of this report indicates that an independent accounting firm has audited Checkers' financial statements and found them to be fairly presented in accordance with accounting principles generally accepted in the United States of America.
For a prospective Checkers franchisee, reviewing this report is essential for assessing the financial health and stability of the franchise system. The report provides insights into the financial performance of Checkers, including its revenues, expenses, assets, and liabilities. By examining the auditor's opinion and any accompanying notes, a franchisee can gain a better understanding of the financial risks and opportunities associated with investing in a Checkers franchise.
It's important to note that the Report of Independent Certified Public Accountants is just one part of the overall financial due diligence process. Franchisees should also carefully review the complete financial statements, including the balance sheets, income statements, and cash flow statements, as well as consult with a qualified financial advisor to fully understand the financial implications of investing in a Checkers franchise.