factual

What is the name of the accounting firm that reviewed the financial statements for Endless Summer Sweets?

Endless_Summer_Sweets Franchise · 2024 FDD

Answer from 2024 FDD Document

FACT Professional, Inc. P: (818) 703-8410 · F: (818) 691-2922 6800 Owensmouth Ave, Suite 230, Canoga Park, CA 91303 gautam@factprofessional.com · www.factprofessional.com

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 38)

What This Means (2024 FDD)

According to the 2024 FDD, the financial statements of Endless Summer Sweets Franchising Inc. were audited by FACT Professional, Inc. The audit was conducted in accordance with generally accepted auditing standards. The auditor's report, signed by Gautam Kumar, President, CPA, is dated March 20, 2024, and is included in the FDD. The auditor's address is 6800 Owensmouth Ave, Suite 230, Canoga Park, CA 91303. Prospective franchisees may want to independently verify the auditor's credentials and standing.

The audit involved exercising professional judgment and maintaining professional skepticism, identifying and assessing risks of material misstatement, understanding internal control, evaluating accounting policies, and concluding on the company's ability to continue as a going concern. The auditor's responsibility is to obtain reasonable assurance that the financial statements are free from material misstatement.

The supplementary information included in Schedule I is presented for purposes of additional analysis and is not a required part of the basic financial statements. Such information is the responsibility of management and was derived from, and relates directly to, the underlying accounting and other records used to prepare the financial statements. The supplementary information has been subjected to the review procedures applied in our review of the basic financial statements. The auditor is not aware of any material modifications that should be made to the supplementary information and does not express an opinion on such information.

Disclaimer: This information is extracted from the 2024 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.