Where is the auditing firm for Punch King Fitness located?
Punch_King_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
17 Beresford Court Williamsville, NY 14221 Tel: (716) 634-7253 Fax: (716) 634-0952 Email: jimdry@wddcpas.com Email: jaydry@wddcpas.com Website: www.wddcpas.com
Independent Auditor's Report
To the Board of Directors and Shareholders Punch King Fitness, Inc.
Opinion
We have audited the accompanying financial statements of Punch King Fitness, Inc., which comprise the balance sheet as of December 31, 2023, and the related statements of income and retained earnings and cash flows for the year then ended, and the related notes to the financial statements.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Punch King Fitness, Inc. as of December 31, 2023, and the results of its operations and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinion
We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of Punch King Fitness, Inc. and to meet our other ethical responsibilities in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Source: Item 22 — CONTRACTS (FDD pages 56–215)
What This Means (2024 FDD)
According to the 2024 Punch King Fitness Franchise Disclosure Document, the auditing firm is located at 17 Beresford Court, Williamsville, NY 14221. Their telephone number is (716) 634-7253, and the fax number is (716) 634-0952. The email addresses are jimdry@wddcpas.com and jaydry@wddcpas.com, and their website is www.wddcpas.com.
This information is relevant to prospective franchisees as it provides transparency regarding who is auditing the financial statements of Punch King Fitness. An independent audit is meant to ensure accuracy and reliability of the financial information presented in the FDD. Franchisees may want to independently verify the auditor's credentials and reputation.
The auditor's report included in the FDD expresses an opinion on the fairness of Punch King Fitness's financial statements as of December 31, 2023, and December 31, 2022, stating that they present fairly the financial position, results of operations, and cash flows in accordance with generally accepted accounting principles in the United States of America. This opinion is based on an audit conducted in accordance with generally accepted auditing standards in the United States of America.