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ASC 842 for Restaurants and Tips for a Successful Transition

June 23, 2021 @ 1:00 pm - 2:00 pm EDT

MossAdams CPE Webinars

Participants of the live webinar will be eligible for 1 free CPE credit.

In May 2021, the Financial Accounting Standards Board (FASB) announced updates to Accounting Standards Codification (ASC) 842, Leases. This standard significantly changed lease accounting requirements, and adopting updates can be challenging for all organizations, regardless of industry.

Join us for our webcast, where industry professionals will provide the latest guidance to help your restaurant stay compliant with ASC 842 requirements. Following the discussion, you’re also invited to a live Q&A to help you address questions and plan for what’s next.



Nick Bergamo, CPA, Partner, Moss Adams

Nick has practiced public accounting since 2004. He specializes in acquisitions, public offerings, Sarbanes-Oxley compliance, and public company reporting requirements for clients in the restaurant and food and beverage industries. Nick serves as one of the firm’s leaders in leasing expertise and has worked with various companies to adopt the new revenue (ASC 606) and leasing (ASC 842) standards.

Lindsay Champion, CPA, Senior Manager, Moss Adams

Lindsay has been in public accounting since 2010. She serves clients in the restaurant, food and beverage, fitness, and employee benefit plan industries. Lindsay’s experience includes managing a wide range of assurance engagements, including comprehensive understanding of revenue recognition, lease accounting, and companies in franchise business models.

CPE Information

Accounting: 1
After completing this training, participants will be able to explain recent updates to Accounting Standards Codification (ASC) Topic 842, Leases; describe the steps needed to comply with ASC Topic 842; and describe key issues that may impact restaurants during implementation of the standard.

For more information about administrative policies regarding CPE, refunds or complaints, please contact Gerald Pascual at (206) 302-6567 or send him an email.

Moss Adams is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.


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