Assurance built for food & beverage businesses.
AsuraTrust provides independent audit, review, and other assurance services designed for food and beverage businesses — restaurants, producers, and distributors.
Few industries pack more reporting judgment into thinner margins: inventory is perishable and seasonal, supplier rebates and promotional allowances move real money, franchise and private-label arrangements complicate revenue, and growth usually means more locations to consolidate. The parties around the business — lenders, landlords, and franchisors — expect financial statements they can rely on. AsuraTrust is a Tampa-based CPA Firm licensed in the state of Florida, and our remote engagement model allows us to serve food and beverage businesses in the Tampa area and beyond.
Whether your lender or landlord has requested financial statements, or a growing group needs its first consolidated reporting, schedule a free consultation today.
Who relies on a food & beverage company’s financial statements.
Lenders & Landlords
Lenders and landlords commonly require reviewed or audited financial statements for credit and leasing decisions — especially as locations, equipment, and build-outs are financed.
Franchisors & Agreements
Franchise arrangements commonly carry financial reporting obligations — statements the franchisor can rely on, delivered on the agreement’s schedule.
Buyers & Investors
Restaurant groups, brands, and distribution businesses change hands — and diligence tests margins, inventory, and location-level performance before anyone commits.
Multi-Location Growth
More locations mean consolidated reporting — entities, intercompany activity, and eliminations that have to roll up cleanly for every user of the statements.
The reporting issues that define food & beverage.
Perishable Inventory
Valuing perishable and seasonal goods takes careful cost and net-realizable-value analysis — spoilage, shrink, and seasonality all land on the balance sheet.
Rebates & Promotional Allowances
Supplier rebates, slotting fees, and promotional allowances are often material and judgment-driven — when they’re earned, how they’re measured, and where they net against cost.
Franchise & Private-Label Revenue
Revenue recognition for franchise arrangements and private-label contracts follows ASC 606 — fees, royalties, and multi-part contracts each with their own timing.
Multi-Location Consolidation
Multi-location operations typically require consolidated reporting — intercompany balances, transfers, and eliminations handled consistently period after period.
Engagements we perform for food & beverage businesses.
Audits
Independent financial statement audits conducted under GAAS — the highest level of assurance for lenders, landlords, and franchise relationships.
Reviews
Financial statement reviews offer a cost-effective, moderate level of assurance that many lenders and lessors accept.
Compilations & Preparation
Compilations and financial statement preparation deliver professionally prepared statements when assurance isn’t required.
Internal Controls
Internal controls consulting brings discipline to the places margin leaks — cash handling, inventory counts, and controls that hold up across locations.
Quality of Earnings
Quality of earnings analyses support buyers and sellers of restaurant groups, brands, and distributors with a clear view of sustainable margins.
Agreed-Upon Procedures
Agreed-upon procedures deliver targeted, factual reports — from inventory procedures to royalty reporting — for franchisors, lenders, or other stakeholders.
Serving more than food & beverage — explore all of the industries we serve.
Margin protection starts with the basics — our guide to internal controls best practices for small businesses is a practical place to start.
Questions food & beverage businesses ask us.
Our lender wants statements for the whole group — audit or review?
The lender’s requirement governs — and for a multi-entity group, so does scope: a consolidated engagement, individual entities, or both. We help you match the engagement level and scope to what the credit agreement actually asks for.
How is inventory handled across multiple locations?
Count and observation procedures are scoped and timed to your locations and your inventory’s nature — perishable and seasonal goods get particular attention on costing and net realizable value, where the judgment actually lives.
Why do supplier rebates get so much attention?
Because they’re often material and easy to get wrong: when a rebate or allowance is earned, how it’s measured, and whether it nets against inventory cost or lands in the income statement all involve judgment — and they move reported margins.
Can our engagement be performed remotely?
Yes. Our remote engagement model is designed for it — document exchange, walkthroughs, and status meetings all happen remotely, with the same professional standards and the same licensed CPA supervision.
Considering an audit or review?
Connect with us to discuss how our services can provide the support you need.
Schedule a Consultation