factual

What date did Deck Medic management evaluate subsequent events through?

Deck_Medic Franchise · 2024 FDD

Answer from 2024 FDD Document

Management has evaluated subsequent events through April 11, 2024, which is the date the financial statements were available to be issued. The Company did not have any material recognizable subsequent events that would require adjustment to, or disclosure in, the financial statements.

Source: Item 23 — RECEIPTS (FDD pages 43–228)

What This Means (2024 FDD)

According to Deck Medic's 2024 Franchise Disclosure Document, the company's management evaluated subsequent events through April 11, 2024. This date is significant because it represents the cutoff point for management's review of events that occurred after the balance sheet date (December 31, 2023) but before the financial statements were issued.

This evaluation is a standard accounting practice to identify any events that could materially affect the company's financial position. These events could require either an adjustment to the financial statements or disclosure in the accompanying notes. The FDD states that Deck Medic did not have any material recognizable subsequent events that would require adjustment or disclosure.

For a prospective franchisee, this information provides assurance that Deck Medic's financial statements have been reviewed for any significant events that could impact the company's financial health. It indicates that management has taken the necessary steps to ensure the accuracy and completeness of the financial information presented in the FDD.

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.