Guide to the Business of Booze: Accounting for Restaurants & Bars Webinar

Since Prohibition, the alcohol industry has operated according to a complex and heavily regulated system. The industry is now changing dramatically as the traditional “three tiers” clash with an Internet world and electronic sales. For CPAs handling the accounting for restaurant and bar clients, it is critical to understand the effect of these changes today as well as their implications for the future.
Highlights

• Overview of the business of alcohol
• Overview of the three-tier system
• Role of the federal government (TTB, FDA, ATF)
• Role of state and local regulators
• Special issues for bars and restaurants, including Dram Shop Liability
• Craft beer revolution
• Out-of-state shipping; transshipping
• Umbrella licenses / license compliance companies