What is the date of the auditor's report for Epcon Communities' financial statements?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
Management has evaluated subsequent events through the date of the Independent Auditor's Report, the date on which the consolidated financial statements were available to be issued.
Source: Item 23 — RECEIPTS (FDD pages 86–280)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, management has evaluated subsequent events through the date of the Independent Auditor's Report, which is also the date on which the consolidated financial statements were available to be issued.
This statement indicates that the auditor's report date is a key reference point for determining the period that the company's management has reviewed for any events that might materially affect the financial statements. Subsequent events are those that occur after the balance sheet date but before the financial statements are issued.
For a prospective franchisee, this information is relevant because it provides assurance that the financial statements have been vetted for any significant changes or occurrences up to a specific date, as determined by the auditor's report. However, the specific date of the Independent Auditor's Report is not explicitly stated in this excerpt.