What is the auditor's opinion on the Marble Slab Creamery financial statements?
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
r 29, 2024 and December 31, 2023 and for the Fiscal Years Ended December 29, 2024, December 31, 2023 and December 25, 2022
Independent Auditor's Report
To the Member of Marble Slab Franchise, LLC
Opinion
We have audited the consolidated financial statements of Marble Slab Franchise, LLC (the "Company"), which comprise the consolidated balance sheets as of December 29, 2024 and December 31, 2023, the related consolidated statements of operations, changes in member's equity and cash flows for the fiscal years then ended, and the related notes to the consolidated financial statements (collectively, the financial statements).
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company as of December 29, 2024 and December 31, 2023, and the results of its operations and its cash flows for the fiscal years then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinion
We conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS).
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 100–101)
What This Means (2025 FDD)
According to Marble Slab Creamery's 2025 Franchise Disclosure Document, the auditor, Macias, Gini & O'Connell, LLP, issued an opinion on the consolidated financial statements of Marble Slab Franchising, LLC. The audit covered the balance sheets as of December 29, 2024, and December 31, 2023, along with the statements of operations, changes in member's equity, and cash flows for the fiscal years then ended, and related notes. The auditor's report is dated April 11, 2025.
The auditor's opinion is that the financial statements present fairly, in all material respects, the financial position of Marble Slab Creamery as of December 29, 2024, and December 31, 2023. They also believe the statements accurately reflect the results of its operations and cash flows for the fiscal years then ended, in accordance with accounting principles generally accepted in the United States of America.
In addition, the FDD notes that the consolidated statements of operations, changes in member's equity and cash flows of Marble Slab Creamery for the fiscal year ended December 25, 2022, were audited by other auditors, whose report, dated April 6, 2023, expressed an unmodified opinion on those statements. An unmodified opinion generally indicates that the financial statements are presented fairly and in accordance with the applicable accounting standards.