The combined financial statement presents revenues and certain operating expenses of the Ohio Properties for the year ended December 31, 2024.
The audit was conducted in accordance with auditing standards generally accepted in the United States of America (GAAS).
Management is responsible for the fair presentation of the financial statement and ensuring internal control against material misstatements.
Auditor's Opinion
The auditor's report indicates that the combined financial statement fairly presents the revenues and operating expenses of the Ohio Properties for the year 2024.
Management Responsibility
Management is responsible for the preparation and fair presentation of the financial statement, as well as assessing the Properties' ability to continue as a going concern.
Audit Procedures
The auditors exercised professional judgment, identified risks of misstatement, and evaluated the appropriateness of accounting policies during the audit.
- The audit provides assurance to stakeholders regarding the accuracy of the financial information presented for the Ohio Properties.
- The emphasis on the basis of accounting highlights the compliance with SEC regulations and the purpose of the financial statement.
Overall, the audit of Ohio Properties' revenues and operating expenses for 2024 demonstrates transparency and accountability in financial reporting.