The Financial Advantage with GSS
The Financial Advantage with GSS is the podcast for hospitality CFOs, business owners, and financial leaders seeking practical strategies to streamline operations and drive scalable growth. Designed to address the unique challenges of multi-unit financial management, this show delivers actionable insights to navigate compliance, optimize workflows, and enhance decision-making.
Each episode features industry experts and proven solutions tailored to the restaurant industry, providing the knowledge you need to stay ahead in a competitive market and achieve operational excellence.
The Financial Advantage with GSS
Audit Harmony: How Assurance Firms and Outsourced CFO / Accounting Teams Are Elevating Hospitality
Is your restaurant group dreading its next audit? You aren't alone. Many operators view audits as a necessary evil driven by bank covenants and debt requirements. However, when financial leadership meets assurance expertise, the narrative changes.
Host Nick Stauff (GSS) and guest Kari Maue (GBQ Partners) discuss the powerful synergy between an outsourced CFO team and an audit firm. They reveal how a "one-team" mentality eliminates surprises, reduces billings, and helps hospitality groups scale.
Tune in to discover:
- Why balance sheet reconciliations are the unspoken heroes of the P&L.
- How to prepare for an audit before the proposal is even signed.
- The role of technology and AI in modern compliance.
- Real-world examples of how segregation of duties protects your cash.