What was the total current assets amount for Expense Reduction Analysts in 2022?

According to Expense Reduction Analysts's 2025 Franchise Disclosure Document, the company's total current assets in 2022 were $2,563,956. This figure represents the sum of Expense Reduction Analysts's assets that are expected to be converted to cash or used up within one year. These assets include cash and cash equivalents, accounts receivable, prepaid expenses, prepaid incremental franchise costs, prepaid taxes and due from related parties.

A prospective franchisee should consider the current asset amount in relation to Expense Reduction Analysts's current liabilities to assess the company's short-term financial health and ability to meet its immediate obligations. A higher current asset balance generally indicates a stronger liquidity position.

It is important to note that the 2022 financial statements have been restated to correct an error in accounting for capitalized software. This restatement could indicate prior inaccuracies in Expense Reduction Analysts's financial reporting, so a franchisee should carefully review the notes to the financial statements and consider discussing the restatement with the franchisor to fully understand its implications.