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The tutorial introduces the concept of lease modification, using trucks as examples to illustrate the topic. It emphasizes that lease modification refers to changes in an existing lease contract that have financial implications. The video will provide guidance on identifying these modifications, as well as their recognition and measurement in financial statements. A mind map has been created to summarize lease modifications into four broad categories. The first category discussed is the increase in scope due to the addition of new underlying assets, exemplified by adding another truck to an existing fleet. Further exploration of the remaining categories will follow for a comprehensive understanding of lease modifications.