Within what timeframe after the date that the financial statements are available to be issued must Itan's management evaluate the company's ability to continue as a going concern?

According to Itan's 2025 Franchise Disclosure Document, management is required to evaluate the company's ability to continue as a going concern within one year after the date that the financial statements are available to be issued. This evaluation is part of the preparation of the financial statements and ensures that any conditions or events that could raise substantial doubt about Itan's ability to continue operating are considered.

This requirement is based on accounting principles generally accepted in the United States of America. It ensures that Itan's financial statements provide a fair and accurate representation of the company's financial position and future prospects. The evaluation considers conditions or events that, in the aggregate, could impact Itan's ability to continue as a going concern.

For a prospective franchisee, this indicates that Itan's management regularly assesses the company's financial stability and its ability to sustain operations. This assessment provides a level of assurance that the company is aware of potential risks and is taking steps to address them, which can be a positive sign for franchisees considering investing in the Itan franchise system.