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The IFRS framework has implemented an overhaul of the accounting for leases. The new approach aligns the accounting treatment of operating leases on one of

The IFRS framework has implemented an overhaul of the accounting for leases. The new approach aligns the accounting treatment of operating leases on one of the financial leases. Explain briefly (i) the difference between these two leases and (ii) the nature of the contemplated accounting change.

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