What accounting basis are the Jack In The Box financial statements prepared under?

According to the 2025 Jack In The Box Franchise Disclosure Document, the consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP). Additionally, the financial statements adhere to the rules and regulations of the Securities and Exchange Commission (SEC). This means that Jack In The Box follows a standardized set of guidelines and principles when reporting its financial data, ensuring transparency and comparability.

For a prospective franchisee, this is important because it provides a level of assurance that the financial information presented by Jack In The Box is reliable and consistent. U.S. GAAP is a comprehensive framework, and adherence to it suggests that the company's financial reporting is thorough and subject to scrutiny. The involvement of the SEC adds another layer of oversight, as the company must comply with SEC regulations regarding financial disclosures.

Understanding that Jack In The Box's financials are prepared under U.S. GAAP allows potential franchisees to have confidence in the figures presented. It also enables them to compare Jack In The Box's financial performance against other companies that follow the same accounting standards. This is a common practice among franchisors, as using U.S. GAAP provides a consistent and reliable framework for financial reporting.