Focuses on food occupation trucks and coffee carts.

TABLE OF CONTENTS

Chapter 1 Introduction

• Purpose 1-1
• Industry Background 1-1
• Food Occupation Trucks 1-3
• Espresso Vendors 1-1
• Determining the Focus 1-1

Chapter 2 How to Identify Vendors and Tax Returns

• Summary 2-2
• State or Local Industry Group 2-2
• Site-Plan Review 2-1
• Newspapers and Magazines 2-2
• Locating Vendors 2-1
• County Health Department 2-1
• City Licensing Bureaus 2-1

Chapter 3 Introduction to the Audit

• Supplies 3-5
• Sales Tax 3-4
• Purchases 3-4
• Pre-Audit 3-1
• Mark-up 3-4
• Inventories 3-4
• Initial Interview 3-5
• Home Office Deduction 3-5
• Document Request 3-2
• Car Expenses 3-4
• Books and Records 3-2
• Areas of Consideration 3-3
• Accounting Know how 3-3

Chapter 4 Audit Issues Gross Receipts 4-1

• Wages and Salaries Expenses 4-5
• Taxes and Licenses 4-4
• Summary 4-6
• Rent or Lease Expense 4-4
• Operating Expenses 4-2
• Inventory and Cost of Goods Oversubscribed (COGS) 4-1
• Interest Expense 4-3
• Home Office Deduction 4-5
• Gains and Losses 4-5
• Depreciation and IRC Section 179 Deductions 4-3
• Car and Truck Expenses 4-3
• Bad Financial obligation 4-2

Chapter 5 Audit Techniques Financial gain in General 5-1

• Wages and Salaries Expense 5-23
• Taxes and Licenses 5-22
• Spoilage 5-19
• Screening and Pre-audit Considerations 5-6
• Screening and Pre-audit Considerations 5-2
• Rent or Lease Expense 5-21
• Other Applications 5-17
• Operating Expenses 5-20
• Inventory and Cost of Goods Oversubscribed 5-18
• Interest Expense 5-21
• In Depth Procedures such as Indirect Methods 5-17
• Home Office Deduction 5-24
• Gross Receipts -- Mobile Occupation Trucks 5-4
• Gross Receipts -- Coffee Vendors 5-6
• Gains and Losses 5-24
• Estimating Techniques 5-9
• Estimating Techniques 5-4
• Estimating Techniques 5-3
• Estimating Sales of Coffee Drinks Based on Milk Products 5-14
• Estimating Financial gain from the Sale of Another Items 5-15
• Estimating Financial gain from the Sale of Italian Sodas 5-13
• Estimating Financial gain from the Sale of Coffee 5-10
• Estimating Financial gain from the Sale of Baked Goods 5-13
• Depreciation and IRC Section 179 Deductions 5-20
• Consideration of Returns and Allowances 5-3
• Consideration of Personal Use 5-3
• Consideration of Internal Controls 5-7
• Consideration of Internal Controls 5-2
• Car and Truck Expenses 5-20
• Bad Financial obligation 5-20
• Additional Considerations 5-6
• Additional Considerations 5-16