What is the significance of the date March 26, 2025, in relation to the audit of Craters & Freighters?
Craters_Freighters Franchise · 2025 FDDAnswer 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.
Wipfli LLP
St. Louis, Missouri March 26, 2025
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 49)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters FDD, March 26, 2025, is the date of the Independent Auditor's Report from Wipfli LLP. This report communicates the planned scope and timing of the audit, significant audit findings, and internal control-related matters identified during the audit to those charged with governance.
This date is important because it indicates when the audit firm finalized its assessment of Craters & Freighters' financial statements. The auditor, Wipfli LLP, is based out of St. Louis, Missouri. The audit provides an independent opinion on the fairness and accuracy of the company's financial statements, offering potential franchisees some assurance about the financial health of the franchisor.
Prospective franchisees should review these audited financial statements carefully, paying attention to the dates and the auditor's opinion. This information helps in evaluating the financial stability and performance of Craters & Freighters before making a decision to invest in a franchise.