Who is the auditing firm for Expense Reduction Analysts?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
CliftonLarsonAllen LLP CLAconnect.com
INDEPENDENT AUDITORS' REPORT
Board of Directors Expense Reduction Analysts, Inc. and Subsidiaries Addison, Texas
Report on the Audit of the Financial Statements Opinion
We have audited the accompanying consolidated financial statements of Expense Reduction Analysts, Inc. and subsidiaries, which comprise the consolidated balance sheets as of December 31, 2024 and 2023, and the related consolidated statements of operations, changes in stockholders' equity, 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 Expense Reduction Analysts, Inc. and subsidiaries 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 (GAAS). Our responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the consolidated Financial Statements section of our report. We are required to be independent of Expense Reduction Analysts, Inc. and subsidiaries 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.
Source: Item 23 — RECEIPTS (FDD pages 58–215)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, the independent auditing firm is CliftonLarsonAllen LLP. Their report covers the consolidated financial statements of Expense Reduction Analysts, Inc. and its subsidiaries.
The audit includes consolidated balance sheets as of December 31, 2024 and 2023, along with statements of operations, changes in stockholders' equity, and cash flows for the years then ended. CliftonLarsonAllen LLP states that the financial statements present fairly the financial position of Expense Reduction Analysts, Inc. and its subsidiaries as of December 31, 2024 and 2023. They also confirm that the results of operations and cash flows for those years are in accordance with accounting principles generally accepted in the United States of America.
Prospective franchisees should find assurance in knowing that a reputable firm like CliftonLarsonAllen LLP has audited Expense Reduction Analysts' financial statements. This audit provides an independent opinion on the financial health and stability of the company, which can be a crucial factor in making an informed investment decision. Franchisees may want to further investigate the auditor's report and any related notes to fully understand the scope and findings of the audit.