The G4+1 report on leases would make all leases financing leases.

Name: The G4+1 report on leases would make all leases financing leases.
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The G4+1 report on leases recommends that leases should be classified as financing leases, which means the lessee would record the leased asset and the corresponding liability on their balance sheet. This is a significant change from current accounting practices, which allow operating leases to be recorded off-balance sheet.

The G4+1 Report on Leases Would Make All Leases Financing