Who is the auditor for Focalpoint Coaching?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
Rich, Wightman & Company, CPAs, LLC
Las Vegas, Nevada
February 26, 2025
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the independent auditor is Rich, Wightman & Company, CPAs, LLC, located in Las Vegas, Nevada. Their report is dated February 26, 2025. This firm audits Focalpoint Coaching's financial statements, providing an opinion on whether the statements fairly represent the company's financial position and performance.
The auditor's responsibilities include obtaining reasonable assurance that the financial statements are free from material misstatement, whether due to fraud or error. They exercise professional judgment, assess risks, and evaluate the appropriateness of accounting policies. The auditor also obtains an understanding of internal control but does not express an opinion on its effectiveness.
For a prospective Focalpoint Coaching franchisee, knowing the identity of the auditor can be useful for further research and due diligence. A franchisee might want to investigate the auditor's reputation and qualifications, though the FDD provides no information beyond the firm's name and location. The presence of an independent audit adds a layer of credibility to the financial statements presented in the FDD, but it's important to remember that an audit provides reasonable assurance, not a guarantee, of accuracy.