What is the auditor's responsibility regarding Cinnabon's ability to continue as a going concern?

According to Cinnabon's 2025 Franchise Disclosure Document, the auditor, Grant Thornton LLP, is responsible for auditing the consolidated financial statements of GoTo Foods LLC and its subsidiaries. As part of this audit, the auditor must adhere to auditing standards generally accepted in the United States of America. These standards dictate the auditor's responsibilities in the audit process.

Specifically, the auditor's report includes a section detailing these responsibilities, emphasizing the need for independence and adherence to ethical requirements. The auditor's role is to obtain sufficient and appropriate audit evidence to provide a basis for their opinion on the financial statements. This opinion confirms whether the financial statements present fairly the company's financial position, results of operations, changes in member's deficit, and cash flows in accordance with accounting principles generally accepted in the United States of America.

Furthermore, Cinnabon's management is responsible for evaluating whether there are conditions or events that raise substantial doubt about the company's ability to continue as a going concern for one year after the date the consolidated financial statements are available to be issued. This evaluation is a critical component of preparing the financial statements, ensuring that the company's financial health and stability are thoroughly assessed and disclosed.