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Podcast: Legal Listening: The Fox Rothschild LLP Podcast
Episode: Franchise Disclosure Documents Must Comply With New Audit Requirements - Franchising & Distribution
Description: In this 17-minute podcast, franchise lawyer and litigator John Gotaskie joins an industry auditor and a franchisor to explain how new revenue recognition standards will severely affect the way franchise buyers assess risk and financials. The panel also outlines strategies for franchisors to categorize franchise fees in a way that clarifies specific performance obligations within revenue projections.