By Amber Williams | August 01, 2018

What Restaurants Should Watch Out for with the New Revenue Recognition Standard

Private restaurants can prepare now for the new revenue recognition standard’s impact on accounting for gift card breakage, loyalty programs and more.


By Floyd Roades | July 26, 2018

Tax Reform Introduces New Limitations on Business Interest Deduction

Established by the Tax Cuts and Jobs Act, the new limitations on business interest deduction may affect restaurants’ taxable income.


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.


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.


By Restaurant Practice Leaders | June 27, 2018

The Counter: Restaurant Industry Scorecard for Q1 2018

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


By Aaron Schenker | May 23, 2018

Key Franchisor Requirements: The FDD and Audited Financial Statements

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.


By Ryan Praschan | May 08, 2018

How to Evaluate Going Concern

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.


By Restaurant Practice Leaders | April 25, 2018

The Counter: Restaurant Industry Scorecard for FY 2017

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.


By Lisa Haffer | April 20, 2018

Tip-Off on Tip Pooling: The Omnibus Spending Bill Amends the FLSA

The omnibus spending bill signed in March generated a lot of buzz, but not a lot of substantive coverage on the specific provisions. In fact, restaurant owners may be surprised to learn that the bill amended the FLSA’s tip pooling provisions. Read our new Selections post for...


By Amber Williams | April 16, 2018

Is Refranchising Right for You?

Five key benefits of refranchising.