| Due to the over litigious nature of the franchising | | | | Some franchising companies, which are public |
| industry accountants are a very important part of | | | | companies have even a greater need for their |
| any franchise corporation. Companies must | | | | accounting teams as all this work will go into |
| document all they are doing and keep impeccable | | | | company prospectuses, Uniform Franchise |
| records. | | | | Offering Circulars and investor quarterly and |
| A franchise accountant may be asked to work | | | | annual reports. |
| with franchisee accountants of the system, | | | | With all the rules and regulation in franchising |
| master franchises of the system or even the | | | | today it is essential that franchisors keep |
| auditors who audit the annual financial statements | | | | impeccable accounting records and fully comply |
| to prepare them for the disclosure documents | | | | with all the onerous over regulation from the SEC, |
| and the Franchise Registration States. | | | | FTC and all the state regulatory bodies as well. |
| Franchising companies have no choice but to pay | | | | Therefore a career as a Franchise Accountant is |
| high wages and salaries to their accounting teams, | | | | a unique opportunity to very high paychecks, |
| because they are indeed critical to the on-going | | | | good stock options and lots of upward |
| nature of their business and to comply with | | | | advancement you see? Consider all this in 2006. |
| Federal and State Regulatory Bodies. | | | | |
