CICA regulations require explicit disclosure of financial lease obligations on the firm's balance sheet.

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CICA (Canadian Institute of Chartered Accountants) regulations require that financial lease obligations be disclosed on a firm's balance sheet. This is because financial leases are considered a type of financing and represent a liability to the company. By disclosing these obligations, investors and other stakeholders can better understand a company's financial position and overall risk.

CICA Regulations Require Explicit Disclosure of Financial Lease Obligations on the Firm's