ContentHow Operating Leases WorkAccountingToolsBusiness DevelopmentWhat is the Difference Between a Capital Lease vs. Finance Lease?IASB webcast on the definition of a lease now available According to the rules under IFRS 16 (ASC 842 in U.S. GAAP), which went into effect in 2019, companies now treat leased assets (e.g., buildings and equipment they are renting) as if they had purchased the assets using...