TVRC Chamber News: The Voice of Business & Industry | July 2022

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TVRC NEWS & EVENTS Lunch & Learn: Online - Zoom Tuesday, July 26, 2022 12:00 pm to 1:00 pm

Business After Hours 5:30 pm to 7:00 pm Market Street United Methodist Church Wednesday, July 13, 2022

How Your Business Can Prepare for the Leasing Standard Matthew Smith, CPA, CCIFP

Bank of Clarke County (2 East Main St. Berryville, VA) Wednesday, August 10, 2022

The intended audience is any entity or organization, that has a lease, that also prepares a US GAAP basis financial statement. The focus will be from a lessee’s perspective, not a lessor. This standard is applicable to most leases, with the most common being real estate, auto, machinery and equipment.

Bank of Clarke County (1835 Valley Ave. Winchester, VA) Wednesday, September 21, 2022

Every month, the Top of Virginia Regional Chamber holds an after-hours networking event designed for members to meet and build relationships with business people from small, midASC 842, Leases, is the new lease accounting standard size, and large companies and organizations representing issued by the FASB. The new standards contain guidance a variety of industries. Chamber Members host this event at on the accounting and financial reporting for the agreements their businesses to encourage networking in an informal atmeeting the standard’s definition of a lease. The updated mosphere complemented by food and beverage. Contact the standard applies to most lease and subleases, but some Top of Virginia Regional Chamber to host one of these great exceptions do exist. As the new effective date draws near, join events! Make sure to bring business cards and be ready to us as we go over the high points you will need to know as your network. If you would like to participate, bring a door prize and organization starts to plan for implementation. bring recognition to your business. Please visit regionalchamber.biz to register Please visit regionalchamber.biz to learn more


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