Are the Deer Solution financial statements unaudited?
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.
Basis for Opinion
We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of Deer Solution Franchising, LLC 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.
Emphasis of Matter
As discussed in note 5 to the financial statements, the Company has extensive transactions and relationships with its affiliates. Accordingly, the accompanying financial statements may not be indicative of the results of operations that would have been achieved if the Company had operated without such affiliations. Our opinion is not modified in respect to this matter.
Responsibilities of Management for the Financial Statements
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, the financial statements have been audited by an independent auditor. The "Independent Auditor's Report" states that Metwally CPA PLLC has audited the balance sheets as of December 31, 2024 and 2023, along with the related statements of operations, members' equity (deficit), and cash flows for the years then ended, including notes to the financial statements.
The auditor's opinion is that the financial statements 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. This opinion provides a level of assurance that the financial statements are reliable and accurate.
The audit was conducted in accordance with auditing standards generally accepted in the United States of America. These standards require the auditor to be independent and to meet ethical responsibilities. The auditor's report outlines the responsibilities of both Deer Solution's management and the auditor in the financial reporting process. Management is responsible for the preparation and fair presentation of the financial statements, while the auditor is responsible for expressing an opinion on those statements based on their audit. This process helps ensure the integrity and reliability of the financial information presented to potential franchisees.