CPA Food Bites

August 2017

Gluten?! I Hardly Knew ‘Em!

By | August 3, 2017|Categories: CPA Food Bites|

If you are anything like me, then you are a very tall man who loves to eat. As such, I rarely exclude anything from the realm of possibilities of my diet. That is not to say I do not eat healthy, but I cannot think of many examples of foods that I would purposefully ignore [...]

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June 2017

Do you know how much your inventory is worth? Is your inventory correctly valued?

By | June 20, 2017|Categories: CPA Food Bites|

Asking if you know how much your inventory is worth or is it valued correctly might sound like a simple and insulting question. Of course you know the value as you approve the invoices, process the checks, however, if you manufacture your inventory, the valuation is not that simple. Even before determining whether you are [...]

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Ugly Food: A Beautiful Solution to Global Hunger

By | June 7, 2017|Categories: CPA Food Bites|

Food waste is a topic that has seemingly flown under the radar. In 2015, the value of food waste from homes, businesses, farms, and manufacturers in the U.S. alone was $218 billion. This does not take into consideration the resources wasted to produce the food, such as water, soil, labor, etc. Globally, some estimates suggest [...]

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April 2017

Fast Food Slows Down

By | April 25, 2017|Categories: CPA Food Bites|

The restaurant industry has been a major part of the economy as it accounts for roughly $800B in annual sales. However, with more people opting to make dinner versus spending on trendy dining experiences, recent trends seem to be setting the industry back. December 2016 saw the industry collectively generate negative same-store sales growth, which [...]

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February 2017

Innovation in Food and Beverage is Alive and Thriving!

By | February 28, 2017|Categories: CPA Food Bites|Tags: , |

Last year I was lucky enough to attend the Food Bytes Summit in San Francisco hosted by Rabobank. Besides the great venue of a craft brewery and distillery, the energy in the room was electric. The goal of the summit is to provide a platform for innovative food startups to showcase their product and to [...]

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Flooded Farmers

By | February 16, 2017|Categories: CPA Food Bites|Tags: , , , |

While California is on the mend from a drought (we can only hope the rain continues to help replenish our lakes and rivers), many other parts of the country are drowning. Louisiana is recovering from what the National Weather Service is calling a “1,000-year rain” that flooded the area for three days leaving houses, industry [...]

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December 2016

From Yard to Table

By | December 8, 2016|Categories: CPA Food Bites|Tags: |

By Alexander Brown (Senior Associate, Green Hasson Janks) They say there are those who have a green thumb, and those who do not. I fall somewhere in the middle of “those who do not.” I struggle every day just to water my plants, if only for the opportunity to watch as they grow and thrive [...]

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August 2016

Lease Accounting Standards

By | August 25, 2016|Categories: CPA Food Bites, Nonprofit|Tags: , |

By Matt McWhirter (Senior Associate, Green Hasson Janks) After many years of waiting, the FASB has finally released ASC 842, bringing major changes to the world of accounting for leases.  One of the main goals of the new lease accounting standards is to bridge the gap between GAAP and IFRS accounting for leases.  While the [...]

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