What is the date of the auditor's report for 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 auditor's report is dated April 30, 2024. This report is prepared by Omar Alnuaimi, CPA, located in Naperville, IL.
The auditor's report provides an independent opinion on the fairness and accuracy of Fly To Fit's financial statements. This opinion assures prospective franchisees that the financial information presented by Fly To Fit has been reviewed and verified by an independent accounting professional.
The inclusion of an audited balance sheet is a standard practice in franchising, intended to provide transparency and build trust with potential franchisees. The date of the audit report is important because it indicates how current the financial information is. In this case, the audit was completed relatively recently, suggesting that the information is up-to-date.