Does the Deer Solution FDD include a statement of cash flows?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
Metwally CPA PLLC
CERTIFIED PUBLIC ACCOUNTANT
1312 Norwood Dr STE 100, Bedford, Texas 76022
Cell: 214-200-5434 (Mohamed Metwally) Mmetwally@metwallycpa.com
Independent Auditor's Report
To the Members of Deer Solution Franchising, LLC
Opinion
We have audited the accompanying financial statements of Deer Solution Franchising, LLC (the Company), which comprise the balance sheets as of December 31, 2024 and 2023 and the related statements of operations, members' equity (deficit), and cash flows for the years then ended, and the related notes to the financial statements.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Deer Solution Franchising, LLC as of December 31, 2024 and 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.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
Yes, according to the 2025 Deer Solution FDD, the financial statements include a statement of cash flows. Specifically, the independent auditor's report mentions auditing the statements of cash flows for the years ending December 31, 2024 and 2023. This indicates that Deer Solution provides this statement as part of its financial reporting.
Including a statement of cash flows is a standard practice in franchise FDDs, as it provides insight into how Deer Solution manages its cash. This statement shows the movement of cash both into and out of the company, categorized by operating, investing, and financing activities. It helps potential franchisees assess the financial health and stability of Deer Solution.
The auditor's report confirms that these financial statements, including the statement of cash flows, present fairly the financial position, results of operations, and cash flows of Deer Solution in accordance with generally accepted accounting principles in the United States of America. This provides a level of assurance to prospective franchisees regarding the reliability of the financial information presented.