On what date was the auditor's report for Chocolate Bash issued?

According to Chocolate Bash's 2024 Franchise Disclosure Document, the independent accountant's audit report was issued on March 13, 2024. This report provides an opinion on the financial statements of Chocolate Bash Franchising LLC, specifically covering the balance sheets as of December 31, 2023, 2022, and 2021, along with related profit and loss statements, cash flow statements, and statements of shareholders' equity for the corresponding twelve-month periods. The audit was conducted in accordance with auditing standards generally accepted in the United States of America (GAAS).

The auditor, Omar Alnuaimi, CPA, based in Naperville, IL, stated that the financial statements present fairly the financial position of Chocolate Bash as of the specified dates and the results of its operations and cash flows for the relevant periods, in accordance with accounting principles generally accepted in the United States of America. The report also outlines the responsibilities of both the management and the auditor in relation to the financial statements. Management is responsible for the preparation and fair presentation of the financial statements, while the auditor's responsibility is to express an opinion on those statements based on the audit.

For a potential Chocolate Bash franchisee, this date is important because it indicates how recent and relevant the financial information is. The auditor's report assures that the financial statements have been reviewed by an independent professional and are presented fairly. Furthermore, the financial statements themselves offer insights into the financial health and performance of Chocolate Bash, which can help a prospective franchisee assess the stability and potential profitability of the franchise system. It is also noted that management evaluated subsequent events through March 13, 2024, ensuring that any significant events after the balance sheet date were considered.