What is the name of the accounting firm that audited Chocolate Fish Coffee?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
924 W. 75th Street Suite 120 - 189 Naperville, IL 60565 +1 (815) 348-2421 omar@napercpa.com
INDEPENDENT ACCOUNTANT AUDIT REPORT
To the Management of CHOCOLATE FISH FRANCHISING LLC
Opinion
We have audited the financial statements of CHOCOLATE FISH FRANCHISING LLC (the "Company"), which comprise the Balance Sheet as of December 31, 2023, and the related notes for the period then ended. (collectively referred to as the "financial statements").
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2023, and the results of its operations and its cash flows for the period ended December 31, 2023, in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinion
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the Company and to meet our other ethical responsibilities in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 41)
What This Means (2024 FDD)
According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, the financial statements were audited by Omar Alnuaimi, CPA, located in Naperville, IL. The audit report is addressed to the management of Chocolate Fish Franchising LLC. The report includes an opinion that the financial statements present fairly the financial position of Chocolate Fish Coffee as of December 31, 2023, in accordance with accounting principles generally accepted in the United States of America.
The audit was conducted in accordance with auditing standards generally accepted in the United States of America (GAAS). These standards require the auditor to be independent and meet ethical responsibilities. The auditor's responsibility includes obtaining reasonable assurance about whether the financial statements are free of material misstatement.
The audit includes evaluating the appropriateness of accounting policies, the reasonableness of significant accounting estimates made by management, and the overall presentation of the financial statements. The auditor also considers whether there are conditions or events that raise substantial doubt about Chocolate Fish Coffee's ability to continue as a going concern.