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In this tutorial, the speaker introduces the importance of lease accounting on exams and provides definitions necessary for understanding leases. They discuss how to approach lease accounting using IFRS and ASPE. Additionally, the video covers tips for case writing to develop a deeper understanding of lease accounting. It is emphasized that knowledge of leases is crucial throughout the entire CPA program, starting from the core module and continuing into electives. Subscribe for more weekly videos on CPA process and technical areas. Thumbs up if you find the content helpful.
