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Discuss the importance of auditing the financial statements of the prospective franchise?

Discuss the importance of auditing the financial statements of the prospective franchise?

Discuss the importance of auditing the financial statements of the prospective franchise?

  • Discuss the key factors of the Financial Disclosure Document (FDD) 

Instructions

Every week you will be asked to reflect and respond in a Discussion Board forum. Your contribution to the topic should be clear, complete, and accurate. This assignment also requires that you read the answers posted by your classmates and respond to at least one of those postings. You are required to meet the following guidelines.

  • Develop a detailed response using APA format (in-text citation, reference list) and utilizing at least one credible resource in addition to the course resource. Thus, use two resources total.  
  • Post your initial response by end of day on Sunday.
  • Post feedback responding to a classmates post by end of day on Monday (4/18).

After completing the assigned readings (Navigating the Paper Trail) answer the following discussion questions. 

  1. Discuss the importance of auditing the financial statements of the prospective franchise?
  2. List the seven key subjects in the FDD. Select one to describe and discuss its significance to the franchisee. 

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