Who is the independent auditor for Gokhale Method?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
9301 Oakdale Avenue, Suite 230 Chatsworth, CA 91311 www.fhhcpas.com Telephone: (818) 895-1943 Facsimile: (818) 727-7700
INDEPENDENT AUDITORS' REPORT
To the Board of Directors of Gokhale Method Institute, Inc. (a wholly owned subsidiary of Gokhale Method Enterprise, Inc.) Stanford, California
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, the independent auditor is Farber Hass Hurley LLP Certified Public Accountants. Their office is located at 9301 Oakdale Avenue, Suite 230 Chatsworth, CA 91311, and their website is www.fhhcpas.com. Their telephone number is (818) 895-1943, and their fax number is (818) 727-7700.
It is standard practice for franchisors to have their financial statements audited by an independent CPA firm. This provides franchisees with an unbiased opinion on the franchisor's financial health. The auditor's report included in Item 22 of the FDD offers assurance that the financial statements of Gokhale Method Institute, Inc. are presented fairly in accordance with accounting principles generally accepted in the United States of America.
A prospective Gokhale Method franchisee should consider reviewing the independent auditor's report and the audited financial statements carefully. This review can help assess the financial stability and performance of the Gokhale Method Institute, Inc. before making a decision to invest in a franchise. Understanding the auditor's role and findings is a crucial part of due diligence in the franchise purchasing process.