In general,the international accounting standards provide lease criteria that are similar to the U.S.standards.

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The international accounting standards (IAS) provide criteria for leases that are similar to the U.S. Generally Accepted Accounting Principles (GAAP). Both standards require leases to be classified as either finance leases or operating leases and provide guidance on recognizing and measuring lease assets and liabilities. However, there may be some minor differences between the two standards.

In General,the International Accounting Standards Provide Lease Criteria That Are