With whom is the auditor required to communicate regarding the audit of Zoomin Groomin?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters the auditor identified during the audit.
Source: Item 9 — 01. Financial Statements and Exhibits. (FDD pages 68–156)
What This Means (2025 FDD)
According to Zoomin Groomin's 2025 Franchise Disclosure Document, the auditor, DASH Business Solutions, LLC, is required to communicate with those charged with governance. This communication includes the planned scope and timing of the audit, any significant findings discovered during the audit, and certain internal control-related matters identified by the auditor.
This requirement ensures that individuals with oversight responsibilities are informed about the audit process, its results, and any weaknesses in internal controls that could affect the accuracy of Zoomin Groomin's financial statements. This communication helps maintain transparency and accountability in the financial reporting process.
For a prospective franchisee, this indicates that Zoomin Groomin's financial audits are subject to scrutiny and oversight, which can provide some assurance about the reliability of the financial information presented in the FDD. Understanding that an independent auditor communicates directly with those charged with governance can give franchisees confidence in the integrity of the financial review process.