factual

With whom are the auditors required to communicate regarding the audit of Clean Your Dirty Face?

Clean_Your_Dirty_Face Franchise · 2025 FDD

Answer from 2025 FDD Document

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)

What This Means (2025 FDD)

According to Clean Your Dirty Face's 2025 Franchise Disclosure Document, the auditors are required to communicate with those charged with governance. This communication includes discussing the planned scope and timing of the audit. Additionally, the auditors must report any significant audit findings and certain internal control-related matters identified during the audit.

For a prospective Clean Your Dirty Face franchisee, this indicates that the financial statements are subject to scrutiny by independent auditors who follow generally accepted auditing standards. These standards ensure that the audit is conducted with professional judgment and skepticism, and that the auditors assess the risk of material misstatement in the financial statements.

The communication between the auditors and those charged with governance helps ensure transparency and accountability in the financial reporting process. Franchisees can have some confidence that the financial information provided by Clean Your Dirty Face has been reviewed by an independent party and that any significant issues have been brought to the attention of those overseeing the company's governance.

It is important for potential franchisees to review the audited financial statements and any related notes carefully to understand the financial health and performance of Clean Your Dirty Face. Paying attention to the auditor's report and any qualifications or disclaimers included can provide valuable insights into the reliability of the financial information.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.