With whom are the auditors required to communicate regarding the audit of Crave Cookies?

According to Crave Cookies' 2025 Franchise Disclosure Document, the auditors are required to communicate with those charged with governance. This communication includes the planned scope and timing of the audit, significant audit findings, and certain internal control-related matters identified during the audit.

For a potential Crave Cookies franchisee, this indicates that the audit process involves informing relevant governing parties about the audit's plan, any important discoveries made during the audit, and issues related to internal controls that were found. This communication ensures transparency and accountability in the financial reporting process.

This requirement aligns with standard auditing practices, ensuring that those responsible for overseeing the company's financial management are kept informed of the audit's progress and findings. This helps maintain the integrity and reliability of the financial statements, which are crucial for making informed business decisions.