posts tagged as Audit Changes


By Restaurant Practice Leaders | March 05, 2019

Minimizing Tax Liability without QIP Guidance

Lack of clarity around the tax treatment of Qualified Improvement Property (QIP) under the Tax Cuts and Jobs Act (TCJA) may result in higher than expected tax bills for restaurants that made renovations and improvements during 2018. ... read more


By Kari Maue | October 04, 2018

How ASC 606 Impacts Franchisors’ Advertising Funds

ASC Topic 606 requires franchisors adjust their presentation of advertising fund dollars received and expended. read more


By Giselle El Biri | July 18, 2018

Accounting for Third-Party Delivery Isn’t as Simple as It Seems

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. read more


By Restaurant Practice Leaders | November 12, 2014

15 Tips to Prepare You for Your Next Audit

With another audit season just over the horizon, it is time to start planning so your next audit goes as smoothly as possible. Below is a generally accepted accounting principles... read more