Why has accounting for leases been controversial

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Question: 1) Why has accounting for leases been controversial?

2) Accounting for changes in policy, error correction and changes in estimates are described very specifically in IFRS under IAS 1 and IAS 8 - and in ASPE under Sections 1100 and 1506. Does that mean that the role of professional judgement is not required in accounting for these changes?

Reference no: EM132761554

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