Navigating the complexities of lease accounting after transitioning to ASC 842 can be challenging for the restaurant industry. Tablespoon and FinQuery delved into the specific policies, processes, and internal controls restaurants need to consider for effective lease accounting management. This onDemand webinar explores the unique challenges and benefits of ongoing lease accounting in the restaurant industry, addressing how they impact your business. We also provide practical guidance on handling common lease transactions, month-end close procedures, and year-end reporting. Finally, we review ongoing compliance requirements, including lease accounting training and maintaining your solution's accuracy.