HOSPITALITY

SERVING UP STRONG FINANCIAL RESULTS
Your hospitality business faces the challenges common to every business – as well as issues unique to the industry. Inventory controls, pricing, labor costs, and compliance can significantly impact profitability. When margins are small, your business requires strong internal accounting practices that provide timely and data-rich financials, as well as the frequent review and analysis of those financial results. The DHA team offers specialized knowledge, ideas and financial solutions that can make the difference between a successful, profitable venture or one that faces financial hurdles that are difficult to overcome.
Specialized services for our Hospitality Industry clients include:
- Evaluation of accounting system and structure; provide recommendations to improve efficiency and accuracy
- Financial results analysis, including identification and tracking of KPIs
Review of inventory management and tax implications
- Guidance on leasehold improvement, setup costs, coordination of cost segregation study, and depreciation methods
Correct application and reporting of restaurant tax credits, including tip credit
Assurance services such as financial statement reviews and compilations
Assistance with financing through banks, other financial institutions or investors