What accounting principle is consistently applied in the preparation of the consolidated financial statements for Carbones Pizzeria?

According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (US GAAP). This indicates that Carbones Pizzeria adheres to a standardized set of accounting rules and guidelines when creating its financial statements.

US GAAP aims to ensure transparency and consistency in financial reporting, allowing potential investors and franchisees to reliably compare Carbones Pizzeria's financial performance with other companies. This includes specific guidance on how to recognize revenue, account for expenses, and value assets and liabilities.

For a prospective Carbones Pizzeria franchisee, this means the financial information provided by the franchisor is prepared using a recognized and consistent framework. This allows for a more informed assessment of the franchise's financial health and performance, as well as a better understanding of the financial obligations and potential returns associated with investing in a Carbones Pizzeria franchise.