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Beware: Coronavirus May Affect Financial Reporting
The coronavirus (COVID-19) outbreak — officially a pandemic as of March 11 — has prompted global health concerns. But you also may be worried about how it will affect your business and […]
Restaurant Research RRin5: Accounting For Delivery with Dustin Minton
Recently, Dustin Minton, Director of Restaurant Services, had the opportunity to participate in Restaurant Research’s first podcast, RRin5, featuring five-minute discussions on industry hot topics. To kick off the launch […]
Have You Started To Implement The New Lease Accounting Guidance?
Article written by: Dustin Minton Director, Restaurant Services With 2019 closed out, it is time to face the inevitable of Lease Accounting under ASC 842. We were given a one-year […]
Preparing For Your Financial Statement Audit
There are a few easy steps a restaurant owner can take when preparing financial statements. When auditors arrive for fieldwork, it’s important that the staff be knowledgeable and prepared for […]
What To Expect During A Franchise Audit
It’s important for franchisors to periodically audit individual franchisees. These routine “check-ups” are especially valuable in a store’s early years of operations or if performance starts to deteriorate. They can […]
New Standard Applies To Private Companies In 2019 – And It’s Not Revenue Recognition
Article written by: Kristin Romaker, CPA Manager, Assurance & Business Advisory Services While we all have been distracted discussing the implementation of the new accounting standards for leases and revenue […]