Are unaudited financial statements included for the Gokhale Method?
Gokhale_Method Franchise · 2024 FDDAnswer 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.