What did the auditors of Crepe De Licious believe regarding the audit evidence they obtained?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
We conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audits of the Financial Statements section of our report. We are required to be independent of Crepe Delicious Holding USA, Inc. and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Source: Item 23 — RECEIPTS (FDD pages 57–233)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, the independent auditor, Brock, Schechter & Polakoff, LLP, stated they believe the audit evidence they obtained was sufficient and appropriate to provide a basis for their audit opinion. This opinion relates to the financial statements of Crepe Delicious Holding USA, Inc. as of December 31, 2024, and December 31, 2023, and the related statements of income and retained earnings, and cash flows for the years then ended, and the related notes to the financial statements.
The auditors conducted their audits in accordance with auditing standards generally accepted in the United States of America (GAAS). These standards require the auditors to be independent of Crepe Delicious and to meet ethical responsibilities relevant to the audits.
In their opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Crepe Delicious Holding USA, Inc. as of December 31, 2024, and December 31, 2023, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. This statement provides assurance to potential franchisees that the financial statements of Crepe De Licious are presented fairly and accurately, based on the audit evidence obtained.