What is the auditor required to communicate to those charged with governance regarding the audit of Mr. Sandless?

According to Mr. Sandless's 2025 Franchise Disclosure Document, the auditor is required to communicate certain information to those charged with governance. This communication includes the planned scope and timing of the audit. This means that the auditor must inform the governing body about the extent and schedule of the audit activities.

Additionally, the auditor must report any significant audit findings. These findings could include issues identified during the audit process that are important to the financial statements or internal controls of Mr. Sandless. The auditor is also obligated to communicate certain internal control-related matters that were identified during the audit. This involves reporting any weaknesses or deficiencies in the company's internal control systems that came to light during the audit.

For a prospective franchisee, this indicates that the financial statements of Mr. Sandless are subject to scrutiny, and any significant issues or weaknesses identified during the audit process will be communicated to those in charge of overseeing the company. This provides a level of transparency and accountability in the financial reporting of Mr. Sandless.