factual

What is the date of the auditor's report regarding Dermani Medspa's financial statements?

Dermani_Medspa Franchise · 2025 FDD

Answer from 2025 FDD Document

NICHOLS, CAULEY & ASSOCIATES, LLC

1825 Barrett Lakes Blvd, Suite 200 Kennesaw, Georgia 30144 770-422-0598 FAX 678-214-2355 kennesaw@nicholscauley.com

INDEPENDENT AUDITOR'S REPORT

To the Members of dermani MEDSPA Franchising, LLC Windermere, Florida

Opinion

We have audited the accompanying financial statements of dermani MEDSPA Franchising, LLC, which comprise the balance sheet as of December 31, 2023, and the related statements of income and changes in member's deficit and cash flows for the year then ended, and the related notes to the financial statements.

In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of dermani MEDSPA Franchising, LLC as of December 31, 2023, and the results of its operations and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.

Basis for Opinion

We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS). 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 dermani MEDSPA Franchising, LLC and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Responsibilities of Management for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America. This includes 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.

Source: Item 23 — RECEIPTS (FDD pages 66–311)

What This Means (2025 FDD)

According to Dermani Medspa's 2025 Franchise Disclosure Document, the auditor's report for the financial statements ending December 31, 2023, was prepared by Nichols, Cauley & Associates, LLC. The Dermani Medspa financial statements include the balance sheet, statements of income and changes in member's deficit, and cash flows for the year then ended, along with related notes.

The auditor's report expresses an opinion on whether the financial statements present fairly the financial position of Dermani Medspa as of December 31, 2023, and the results of its operations and cash flows for the year then ended, in accordance with accounting principles generally accepted in the United States of America.

The auditor states that the audit was conducted following auditing standards generally accepted in the United States of America (GAAS). The auditor's responsibilities include being independent of Dermani Medspa and meeting ethical responsibilities, and they believe the audit evidence obtained is sufficient and appropriate to support their opinion.

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.