How ASC 606 Impacts Franchisors’ Advertising Funds

Restaurants partnering with third-party delivery services will need to determine who is responsible for food and pricing and who is truly the “consumer” of the delivery.

Restaurant CFOs are eager to discuss delivery services, the new revenue recognition and lease accounting standards, tax reform and more.

All restaurant segments, save for upscale casual, reported sales growth in Q1.

The FTC’s financial disclosure regulations play a crucial role in restaurants’ franchising operations. What financial statements does this compliance entail? Read our new Selections post to learn what financial information restaurants are required to share with their franchisees.

What responsibilities do restaurant management have in evaluating going concern and disclosing uncertainties? Read our new Selections post for an overview of the FASB guidance, as well as considerations for evaluating an entity’s ability to continue as a going concern.

While America’s appetite for pizza couldn’t be stopped in 2017, rising labor costs, commodity prices, and costs of sales did little to improve the restaurant industry’s overall flat growth rate, according to the FY17 restaurant industry scorecard, The Counter.