Who is the accountancy corporation that performed the audit for iTan?
Itan Franchise · 2025 FDDAnswer from 2025 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.
CONSIDINE & CONSIDINE An accountancy corporation
Considine of Considine
March 11, 2025
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, the independent auditor for Itan is Considine & Considine, an accountancy corporation. The audit report was signed by Considine of Considine on March 11, 2025.
It is standard practice for franchisors to have their financial statements audited by an independent accounting firm. This audit provides potential franchisees with an unbiased opinion on the financial health and stability of the franchise system. The auditor's report, along with the financial statements, is included in Item 23 of the FDD.
Prospective Itan franchisees should carefully review the independent auditor's report and the accompanying financial statements. They should also consider consulting with a financial advisor to discuss the implications of the audit findings for their investment decision.