factual

Up to what date did Deer Solution management evaluate subsequent events for the financial statements?

Deer_Solution Franchise · 2025 FDD

Answer from 2025 FDD Document

Management has evaluated subsequent events through April 08, 2025 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 55–246)

What This Means (2025 FDD)

According to Deer Solution's 2025 Franchise Disclosure Document, management evaluated subsequent events through April 08, 2025, which was also the date the financial statements were available to be issued. During this evaluation period, Deer Solution did not identify any material recognizable subsequent events that would necessitate adjustments or disclosures in the financial statements.

This evaluation of subsequent events is a standard accounting practice. It ensures that any significant events occurring after the balance sheet date but before the financial statements are issued are properly considered and disclosed if they materially impact the company's financial position. For a prospective franchisee, this indicates that Deer Solution's financial statements reflect the most current information available up to that evaluation date.

The auditor, Black CPA & Associates, also issued their consent for the use of their report dated April 8, 2024, relating to the financial statements of Deer Solution for the period ending December 31, 2023. This consent confirms that the auditor stands behind their audit opinion and allows Deer Solution to include the audited financial statements in the Franchise Disclosure Document.

Disclaimer: This information is extracted from the 2025 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.