factual

Are unaudited financial statements included for the Gokhale Method?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

NOTE 4 - SUBSEQUENT EVENTS

Subsequent events are events or transactions that occur after the balance sheet date but before the financial statements are issued or are available to be issued. The Company recognizes in the financial statements the effects of all subsequent events that provide additional evidence about conditions that existed at the date of the balance sheet, including estimates inherent in the process of preparing the financial statements. The Company's financial statements do not recognize subsequent events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after the balance sheet date and before the financial statements are issued or are available to be issued.

Management has evaluated subsequent events through December 14, 2022, the date on which the financial statements were available to be issued.

Unaudited Financial Statements Jan 1, 2024 – April 30, 2024

11:49 AM 05/07/24 Accrual Basis

Gokhale Method Institute, Inc. Balance Sheet

As of April 30, 2024

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 34)

What This Means (2024 FDD)

According to the 2024 Gokhale Method Franchise Disclosure Document, unaudited financial statements are included. Specifically, there is an "Unaudited Financial Statements Jan 1, 2024 – April 30, 2024" balance sheet included in Item 22.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.