As of what date are the Cinch I.T. financial statements audited?

According to Cinch I.T.'s 2024 Franchise Disclosure Document, the company's financial statements have been evaluated for subsequent events through February 21, 2024, which is the date the financial statements were available to be issued. This means that the independent auditors have reviewed events occurring after the balance sheet date (December 31, 2023 and 2022) up to February 21, 2024, to determine if any of these events require disclosure or adjustment in the financial statements.

This evaluation of subsequent events is a standard auditing procedure to ensure that the financial statements provide the most accurate and up-to-date information to potential investors and franchisees. By evaluating events through February 21, 2024, the auditors are providing assurance that the financial statements reflect any material events that could impact Cinch I.T.'s financial position or results of operations.

For a prospective Cinch I.T. franchisee, this information is important because it provides a level of confidence in the accuracy and reliability of the financial statements. Knowing that the financial statements have been audited and that subsequent events have been evaluated can help a franchisee make a more informed decision about investing in the franchise. It's also worth noting that management is required to evaluate Cinch Franchise, LLC's ability to continue as a going concern within one year after the date that the financial statements are available to be issued.