What services are NOT provided by Baker Tilly US, LLP to Counselor Realty's clients?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are members of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. Baker Tilly US, LLP is a licensed CPA firm that provides assurance services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and consulting services to their clients and are not licensed CPA firms.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, Baker Tilly US, LLP provides assurance services to its clients. However, Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and consulting services to their clients and are not licensed CPA firms.
This distinction is important for prospective Counselor Realty franchisees because it clarifies the scope of services provided by each entity under the Baker Tilly umbrella. While Baker Tilly US, LLP focuses on assurance services, which typically involve audits and financial statement reviews, Baker Tilly Advisory Group, LP handles tax and consulting matters. Therefore, if a Counselor Realty franchisee requires tax or consulting services, they would not be engaging Baker Tilly US, LLP for those specific needs.
It is also noted that Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are members of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. This means that while they operate under the same global network, they are distinct legal entities with their own specific service offerings.