What ethical requirements are the auditors of Kitchen Solvers required to meet?

According to Kitchen Solvers' 2025 Franchise Disclosure Document, the auditors are required to be independent of the company, KS La Crosse Investment, LLC, and to meet other ethical responsibilities in accordance with the relevant ethical requirements relating to their audits. The auditors must conduct their audits in accordance with auditing standards generally accepted in the United States of America.

These standards require the auditors to exercise professional judgment and maintain professional skepticism throughout the audit. They must identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. The auditors are also required to obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances.

Furthermore, the auditors must evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements. They are also required to communicate with those charged with governance regarding the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that they identified during the audit. These requirements ensure that the audit is conducted with integrity and objectivity, providing a reliable basis for the auditor's opinion on the financial statements.