AuditLease helps UK finance teams and accounting firms calculate IFRS 16 and FRS 102 lease liabilities, generate journals, produce statutory disclosures and evidence every judgement — from one controlled workflow.
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What finance teams are worried about
01 of 12
“We cannot explain the lease numbers to audit.”
Auditors increasingly expect documented assumptions, traceable calculations and clear support for every journal entry — especially under the amended FRS 102 rules.
How AuditLease helps
AuditLease links lease terms, calculations, journals and accounting judgements together in a single connected audit trail.
Also in AuditLease
The standards are complicated. Your workflow should not be.
The platform
Exact-date present value, effective-interest amortisation and straight-line ROU depreciation for both frameworks. Engine version stamped on every run.
Mandatory rationale fields for lease term, discount rate, renewal options, exemptions and more. Judgements are stored, timestamped and surfaced for reviewers.
Initial recognition, periodic interest, depreciation, modifications and terminations. Every batch is validated: unbalanced journals cannot be saved.
Every journal line links to its amortisation row, calculation run, frozen input snapshot and source lease record. Auditors trace any number in seconds.
Lease liability movement, ROU asset movement, P&L charges, maturity analysis and per-lease detail. Group reporting and non-calendar 4-4-5 / 4-5-4 periods supported.
EF Core interceptor logs every field change as a JSON patch diff. Completed calculation runs are immutable. Posted journals can only be corrected by reversal batches.
Manage multiple client tenants from one login. Context switching via header. Auditor read-only role enforced throughout the API — no UI hacks required.
Upload a lease PDF and review the AI-extracted terms before creating a draft. Confidence badges per field. Accounting judgements always left for the human to complete.
Traceability
In AuditLease, every posted journal line connects to the amortisation row, calculation run, frozen input snapshot and lease record that produced it. This is architecture, not a report — it cannot be broken by an edit.
The evidence chain:
Sample journal line
Who it's for
Enter lease data and run calculations without rebuilding spreadsheet models each period.
Approve journals with a clear evidence chain from source terms to final posting.
Manage every client lease portfolio from one controlled multi-tenant workflow.
Read-only access to leases, calculations, journals and audit logs — no data requests needed.
Legal entity hierarchy, group reports, and non-calendar reporting periods built in.
Export lease schedules and journal data in ERP-ready formats for your general ledger.
Why AuditLease
| Feature | Spreadsheets | Generic software | AuditLease |
|---|---|---|---|
| IFRS 16 & FRS 102 calculations | — | Partial | ✓ |
| Mandatory judgement documentation | — | — | ✓ |
| Evidence chain (journal → lease) | — | — | ✓ |
| Immutable completed calculation runs | — | — | ✓ |
| Balanced journal validation | — | Partial | ✓ |
| Group reporting & entity hierarchy | — | Partial | ✓ |
| 4-4-5 / 4-5-4 reporting calendars | — | — | ✓ |
| Auditor read-only role | — | Partial | ✓ |
| Accounting firm multi-tenant console | — | — | ✓ |
| AI-assisted lease import | — | Partial | ✓ |
Pricing
No per-user charges. Auditors and reviewers access for free.
3 active leases
10 active leases
30 active leases
Larger portfolios, accounting practices, and bespoke requirements. Custom pricing, onboarding, and SLA options available.
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A quick guide to how AuditLease works, who it is for, and how it supports IFRS 16 and FRS 102 lease accounting.
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Free up to 3 leases. No credit card required.