Is Creative World School required to have the Marketing Fund audited?

According to the 2025 Creative World School Franchise Disclosure Document, Creative World School is not required to have the Marketing Fund audited. However, Creative World School will prepare an annual statement of monies collected and costs incurred by the Marketing Fund and furnish the statement to franchisees upon written request.

This means that while there is no mandatory audit to verify the Marketing Fund's financial activities, franchisees have the right to request a statement detailing the fund's income and expenses. This provides a degree of transparency, allowing franchisees to monitor how their contributions are being used.

It is important for prospective franchisees to understand that the absence of a required audit does not guarantee complete financial transparency. Franchisees should carefully review the annual statements provided and consider seeking professional financial advice if they have any concerns about the Marketing Fund's management. This is a fairly common practice in the franchise industry, where franchisors often retain control over marketing funds but provide some level of financial reporting to franchisees.