What is the date of the auditor's report 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.
Source: Item 23 — RECEIPTS (FDD pages 58–215)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, Expense Reduction Analysts's auditor, CliftonLarsonAllen LLP, issued an independent auditor's report. This report covers the consolidated financial statements for the years ending December 31, 2024 and 2023.
The report expresses an opinion on the fairness of the presentation of Expense Reduction Analysts's financial position as of December 31, 2024 and 2023, and the results of its operations and cash flows for the years then ended, in accordance with accounting principles generally accepted in the United States of America.
It's important to note that while the report covers financial statements up to December 31, 2024, the FDD does not explicitly state the date the auditor signed the report. Franchisees should confirm with Expense Reduction Analysts the exact date of the report to ensure they have the most current financial information available.