Under IFRS 16,all leases must adopt the treatment formerly adopted for operating leases.

Name: Under IFRS 16,all leases must adopt the treatment formerly adopted for operating leases.
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Under IFRS 16, lessees are required to recognize almost all leases on the balance sheet, reflecting a right-of-use asset and a lease liability, which is a shift from the previous distinction between operating and finance leases.

Under IFRS 16,all Leases Must Adopt the Treatment Formerly Adopted