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  • About us

    Simplifying the complex.

    Since 1939, our firm has assisted thousands of businesses and individuals reach their financial goals.
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    PASADENA (HQ)

    225 S Lake Avenue Suite 400
    Pasadena, CA 91101

    WOODLAND HILLS

    21650 Oxnard Street Suite 1700
    Woodland Hills, CA 91367

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    6701 Center Drive W Suite 825
    Los Angeles, CA 90045

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    Featured Insights

    California Changes Tax Legislation for Incomplete Non-Grantor Trusts

    September 18, 2023
    KROST Quarterly Magazine - S&E Issue Vol 5, Iss 2

    KROST Industry Magazine: The Sports & Entertainment, Vol. 5 Issue 2, is Now Available!

    September 15, 2023
    The Los Angeles Business Journal Appoints Keith Hamasaki as a Judge for the CFO Awards 2023

    The Los Angeles Business Journal Appoints Keith Hamasaki as a Judge for the CFO Awards 2023

    September 15, 2023
    The Restaurants Care Resilience Fund is Accepting Applications for Hollywood Strikes Hardship Grants

    The Restaurants Care Resilience Fund is Accepting Applications for Hollywood Strikes Hardship Grants

    September 14, 2023
    Aric Wong Joins KROST's Principal in Development Program

    Press Release: Aric Wong Joins KROST’s Principal in Development Program

    September 12, 2023
    Anna Chen is Attending INBOUND23

    Anna Chen is Attending INBOUND 23

    September 5, 2023

    California Changes Tax Legislation for Incomplete Non-Grantor Trusts

    September 18, 2023

    KROST Industry Magazine: The Sports & Entertainment, Vol. 5 Issue 2, is Now Available!

    September 15, 2023

    The Los Angeles Business Journal Appoints Keith Hamasaki as a Judge for the CFO Awards 2023

    September 15, 2023

    The Restaurants Care Resilience Fund is Accepting Applications for Hollywood Strikes Hardship Grants

    September 14, 2023

    Press Release: Aric Wong Joins KROST’s Principal in Development Program

    September 12, 2023

    Anna Chen is Attending INBOUND 23

    September 5, 2023
  • Insights
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Managers

Decoding the Insights of a Restaurant Income Statement

August 28, 2023By Valentina Then
Decoding the Insights of a Restaurant Income Statement

An income statement, also known as a profit and loss statement, serves as a vital financial report

Meet Our Experts

Jean JEAN HAGAN Principal - Restaurant Practice Leader Button with arrow Jean Hagan Stacey STACEY R. KORMAN, CPA, MST Principal - Accounting Button with arrow Stacey Korman Cheyenne CHEYENNE GONZALEZ Manager - Restaurant Business Management Button with arrow Cheyenne Gonzalez Valentina VALENTINA THEN Manager - Restaurant Business Management Button with arrow Valentina Then Phil PHILIP KASTEL Consultant - Restaurant Operations Button with arrow Philip Kastel

SCHEDULE

If you have questions regarding our restaurant services, schedule a call today.

Recent Restaurant News

  • The Restaurants Care Resilience Fund is Accepting Applications for Hollywood Strikes Hardship Grants
  • Decoding the Insights of a Restaurant Income Statement
  • KROST is Exhibiting at the 2023 Western Foodservice & Hospitality Expo
  • KROST is Attending the California Restaurant Association LA Chapter Elizabeth Burns Lifetime Achievement Award Gala
  • KROST is Sponsoring the Restaurant Leadership Conference

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©2023 KROST Certified Public Accountants & Consultants | Privacy Policy | Terms of Service/Use | Cookie Policy | Do Not Sell My Information

Accountants | Assurance & Advisory | Consultants | CPAs – KROST CPAs & Consultants is a certified public accounting and consulting firm focused on serving companies across Southern California (CA) with offices in Pasadena, Woodland Hills, and West LA. Since 1939, KROST has assisted businesses and individuals reach their financial goals through their in-depth knowledge of Tax, Accounting, Client Accounting Services (CAS), Assurance and Advisory, Fund Admin Solutions, KROST Business Intelligence (KBI), M&A, Wealth Management, and Consulting Services. KROST also provides specialty tax services such as Cost Segregation studies, R&D tax credits, Green Building Tax Incentives, Repair vs. Capitalization, Fixed Asset, IC-DISC, and more. For additional information contact us at 626-449-4225.