factual

On what date was the auditor's report for Crab N Spice issued?

Crab_N_Spice Franchise · 2024 FDD

Answer from 2024 FDD Document

Omar Alnuaimi, CPA

Naperville, IL March 11, 2024

Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 40–50)

What This Means (2024 FDD)

According to Crab N Spice's 2024 Franchise Disclosure Document, the independent accountant's audit report was issued on March 11, 2024. This report, prepared by Omar Alnuaimi, CPA, based in Naperville, IL, accompanies the financial statements for the years ended December 31, 2023, December 31, 2022, and December 31, 2021.

The audit was conducted following auditing standards generally accepted in the United States of America. These standards require the auditor to be independent and meet ethical responsibilities. The auditor's opinion states that the financial statements present fairly the financial position of Crab N Spice for the specified years, in accordance with accounting principles generally accepted in the United States of America.

Furthermore, the management of Crab N Spice evaluated subsequent events through March 11, 2024, determining that no events occurring after the balance sheet date would substantially affect the amounts and disclosures in the financial statements. This date aligns with the date of the independent accountant's audit report, indicating a comprehensive review of the company's financial status up to that point.

Disclaimer: This information is extracted from the 2024 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.