What's New at CFI: Accounting for Leases

In this episode of What's New at CFI on FinPod, we discuss accounting for leases, focusing on the key differences between operating and finance leases under US GAAP and IFRS. We explain the recent changes in accounting standards and how they impact financial analysts when comparing companies using different reporting frameworks. We cover essential topics like how to treat lease liabilities and assets on the balance sheet and the implications for financial analysis and valuation. Whether you're dealing with finance leases, operating leases, or comparing companies across accounting standards, this discussion provides practical tips and real-world examples to help you navigate the complexities of correctly classifying leases, adjusting for different accounting treatments, and ensuring accurate financial reporting. If you're a financial analyst or just interested in understanding the latest insights in lease accounting, this episode is packed with insights to expand your knowledge and improve your ability to interpret financial statements