Does the opinion address the cash flows of Counselor Realty Franchising, Inc.?

According to Counselor Realty's 2025 Franchise Disclosure Document, the independent auditor's report does address the company's cash flows. The report explicitly states that the audit included the statements of cash flows for the years ended December 31, 2024, 2023, and 2022. The auditor's opinion confirms that the financial statements, including the cash flow statements, present fairly the results of Counselor Realty's operations and cash flows for those years, in accordance with accounting principles generally accepted in the United States of America.

Specifically, the auditor's opinion indicates that they have audited the financial statements of Counselor Realty Franchising, Inc., which include the statements of cash flows. This means that the auditors have examined the cash coming into and going out of the business over the past three years, providing an assessment of the company's ability to manage its cash effectively. The inclusion of cash flow statements in the audit is a standard practice, as it gives stakeholders a clear picture of the company's liquidity and solvency.

For a prospective Counselor Realty franchisee, this is important because it provides assurance that the franchisor's financial statements have been reviewed by an independent expert. The audit opinion on the cash flow statements suggests that the franchisor is managing its cash in a responsible manner. Reviewing the actual cash flow statements, found in Exhibit A, will allow a potential franchisee to understand how Counselor Realty generates and uses cash, which can inform their decision about investing in a franchise.