What matters are the auditors required to communicate regarding the audit of Moes Southwest Grill?

According to the 2025 FDD, the auditors for GoTo Foods Systems LLC, which includes Moe's Southwest Grill as a subsidiary, are required to communicate certain matters to those charged with governance. These communications include the planned scope and timing of the audit. This means the auditors must inform the governing body about the extent and schedule of their audit activities.

Additionally, the auditors must report significant audit findings. This involves communicating any important issues or discrepancies discovered during the audit process that could impact the financial statements. The auditors are also obligated to communicate certain internal control-related matters identified during the audit. This includes reporting any weaknesses or deficiencies in the company's internal controls that were observed during the audit.

For a prospective Moe's Southwest Grill franchisee, this indicates that the financial statements of the parent company, GoTo Foods Systems LLC, are subject to scrutiny and oversight by independent auditors. The communication requirements ensure transparency and accountability in the audit process, providing stakeholders with insights into the financial health and internal controls of the company. This can be reassuring for franchisees as it suggests a commitment to accurate financial reporting and sound governance practices at the corporate level.