posts tagged as Lease Accounting

By Kari Maue | July 11, 2018

Event Recap: Restaurant CFO Bootcamp – Las Vegas 2018

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

By Kari Maue | January 18, 2018

Accounting for Closed Store Lease Obligations

It’s never easy making the decision to close a store, but once the choice is made, it’s important to understand how that decision will impact your GAAP financial statements. One critical factor to consider is the treatment of your... read more

5 Regulations on Retailers' Watchlists

Fast moves in Washington, combined with approaching deadlines of long-planned accounting changes are creating a rising tide of regulatory concerns in the retail industry. In fact, just over one-in-five retailers say regulations are their... read more

By Carrie Shagat | November 03, 2016

The Effect of Change in Control Transactions on Financial Reporting

M&A activity reached record levels in 2015 with deal volume reaching $4.9 trillion—and the momentum shows no signs of slowing. Within the restaurant industry, it seems much of this M&A activity is driven by the market’s saturation and... read more

By Kari Maue | March 18, 2016

FASB Finalizes New Guidance for Lease Accounting Standards – What You Need to Know

The pending changes in lease accounting have been a hot topic since the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) issued a discussion paper for public comment in 2009.  read more

By Restaurant Practice Leaders | December 23, 2014

5 Extended Tax Breaks that Benefits Restaurants

On Friday, President Barack Obama signed the Tax Increase Prevention Act of 2014 into law – which includes several tax breaks that had expired at the end of 2013. read more

By Dana Zukofsky | December 19, 2014

Commissary Kitchen Series: Part 3 Taking it to the Next Level

Now that you know how commissary kitchens can increase your efficiency and create consistency in the food you serve, it’s time to figure out how to fully capitalize on a commissary kitchen and... read more

By Dana Zukofsky | October 15, 2014

Commissary Kitchen Series: Part 2: Increase Your Efficiency

Imagine if you could create delicious, masterpiece menu items with the speed and efficiency of assembly line production. Now, stop imagining – because it’s possible when you use the... read more

By Dana Zukofsky | August 06, 2014

Commissary Kitchen Series: Part 1: Creating consistency

Consistency is an important ingredient for restaurant success. It is what brings people back for more and creates a regular customer base – reputations are built on consistency. read more

By Restaurant Practice Leaders | July 02, 2014

Properly Reporting Owner Compensation and Benefits

The tax treatment of company-paid owner compensation and fringe benefits vary across business entity types. We often find that owners are not compensated properly which can cause issues with... read more