Who must prepare the annual financial statements for a Deck Medic franchise?

According to Deck Medic's 2024 Franchise Disclosure Document, the company's management is responsible for preparing the financial statements. Specifically, Deck Medic's management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Furthermore, Deck Medic's management is required to evaluate whether there are conditions or events that raise substantial doubt about the company's ability to continue as a going concern within one year after the date that the financial statements are available to be issued. This evaluation is a critical part of the financial statement preparation process.

An independent auditor, Metwally CPA PLLC, audits these financial statements. The auditor's report expresses an opinion on whether the financial statements present fairly the financial position, results of operations, and cash flows of Deck Medic in accordance with accounting principles generally accepted in the United States of America. The auditor conducts the audit in accordance with auditing standards generally accepted in the United States of America, ensuring independence and adherence to ethical responsibilities.