Who is the CPA responsible for auditing Fly To Fit?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit.
Omar Alnuaimi, CPA
Naperville, IL April 30, 2024
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 44)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, the CPA responsible for auditing the financial statements is Omar Alnuaimi, CPA. The audit report was issued from Naperville, IL, on April 30, 2024.
Prospective franchisees should note that the auditor's report expresses an opinion on the fair presentation of Fly To Fit's financial position as of April 15, 2024, based on generally accepted accounting principles in the United States of America. The audit was conducted according to auditing standards generally accepted in the United States of America.
It is important for potential franchisees to understand the role of the auditor and the scope of the audit performed. The auditor's responsibility is to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to fraud or error, and to issue an auditor's report that includes their opinion. This information helps potential franchisees assess the credibility and reliability of the financial information presented in the FDD.