Keeping the exact general relativistic treatment of light bending as a
reference, we compare the accuracy of commonly used approximate lens equations.
We conclude that the best approximate lens equation is the Ohanian lens
equation, for which we present a new expression in terms of distances between
observer, lens and source planes. We also examine a realistic gravitational
lensing case, showing that the precision of the Ohanian lens equation might be
required for a reliable treatment of gravitational lensing and a correct
extraction of the full information about gravitational physics.Comment: 11 pages, 6 figures, to appear on Physical Review