For the Moes Southwest Grill financial statements, what accounting principles were used in the preparation of the consolidated financial statements of GoTo Foods Systems LLC?

According to the 2025 FDD, the consolidated financial statements of GoTo Foods Systems LLC and its subsidiaries, which include Moe's Southwest Grill, are prepared in conformity with accounting principles generally accepted in the United States of America. This means that the financial statements adhere to a standardized set of guidelines and practices recognized and accepted by the accounting community in the U.S. This ensures a level of consistency and comparability in financial reporting.

The FDD emphasizes that the preparation of these financial statements requires management to make estimates and assumptions that could affect the reported amounts of assets, liabilities, revenues, and expenses. Actual results may differ from these estimates. This is a standard disclosure, highlighting the inherent uncertainties in financial reporting and the role of management's judgment.

Furthermore, the document states that intercompany accounts and transactions have been eliminated during the consolidation process. This is a common practice in consolidated financial statements to avoid double-counting and to present a clearer picture of the overall financial position of the combined entity. Prospective Moe's Southwest Grill franchisees can be reasonably confident that the financial statements have been prepared in accordance with standard accounting practices.