Lease accounting,
ready for the audit file.
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, all from one controlled workflow.
Private beta · selected UK finance teams and accounting firms
Portfolio dashboard
Your whole lease portfolio, at a glance
Total lease liability and right-of-use asset, the next twelve months’ cash commitment and your weighted-average discount rate, live across every entity and currency. Figures are shown in GBP equivalent with the FX rates and translation basis stated on screen, so the numbers are audit-ready, not approximate.
Drill into the liability maturity profile, watch the right-of-use asset and the lease liability run off side by side, catch upcoming expiries, breaks and renewals before they surprise you, and break the portfolio down by asset class, all from one view.
Period-end & statutory report
Disclosures your auditor can sign off
Produce the IFRS 16 or FRS 102 accounting policy, the key judgements and estimates pulled straight from each lease’s judgement fields, and the full right-of-use asset movement by asset class (opening balance, additions, depreciation, disposals and closing NBV) ready for the notes to the accounts.
Before anything is signed, AuditLease runs pre-signing data-quality checks: missing discount-rate judgements, unclassified assets and other blocking issues are flagged up front, so you fix them before they reach the audit file.
What finance teams are worried about
The pressure behind lease accounting
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
Everything in one controlled workflow
IFRS 16 & FRS 102 Calculations
Exact-date present value, effective-interest amortisation and straight-line right-of-use depreciation, for both frameworks. Every calculation records the version it ran on, so results are reproducible.
Accounting Judgement Documentation
Capture the rationale for lease term, discount rate, renewal options, exemptions and more. Every judgement is stored, dated and surfaced for reviewers, so the thinking behind each number is on record.
Balanced Journal Generation
Initial recognition, periodic interest, depreciation, modifications and terminations. Every batch is checked before it can be saved. An unbalanced journal simply will not post.
The Evidence Chain
Every journal line links back to its amortisation row, the calculation behind it, the inputs used at the time, and the source lease. Auditors trace any number in seconds.
Period-End Disclosure Reports
Lease liability movement, right-of-use asset movement, P&L charges, maturity analysis and per-lease detail. Group reporting and non-calendar (4-4-5 / 4-5-4) reporting periods are supported.
Immutable Audit Trail
Every change to a record is logged automatically: what changed, who changed it and when. Completed calculations can never be edited, and posted journals are only ever corrected by a reversal.
Accounting Firm Console
Manage every client from one login and switch between them in a click. Auditor access is genuinely read-only: enforced on our servers, not just hidden on screen.
Bulk Lease Import
A CSV or Excel template with dropdowns on every choice field, plus your own custom fields. Preview every row, fix any errors inline, then import the lot. No more one form per lease when migrating a portfolio.
Email Alerts & Reminders
Digest emails for upcoming lease expiries, break-option deadlines, rent reviews and renewal decisions. Choose how many days ahead you want to be warned.
IBR Suggestion Engine
Suggested incremental borrowing rates from a benchmark curve plus your entity's credit spread, with the reasoning shown. Accept or override with your own rationale; the suggestion never applies itself.
Global Search
Jump straight to any lease, entity, journal or run (by reference, name or number) from anywhere in the app. Built for people in it all day.
Traceability
Trace any journal line back to source lease terms.
In AuditLease, every posted journal line connects to the amortisation row, the calculation behind it, the exact inputs used at the time, and the lease record that produced it. The links are built in, so an edit can’t break the trail.
The evidence chain:
Sample journal line
Who it's for
Built for real accounting workflows
Finance Preparers
Enter lease data and run calculations without rebuilding spreadsheet models each period.
Finance Managers
Approve journals with a clear evidence chain from source terms to final posting.
Accounting Firms
Manage every client lease portfolio from one controlled multi-client workflow.
External Auditors
Read-only access to leases, calculations, journals and audit logs, with no data requests needed.
Group Finance Teams
Legal entity hierarchy, group reports, and non-calendar reporting periods built in.
Tax Teams
Export lease schedules and journal data in ERP-ready formats for your general ledger.
Why AuditLease
Compare your options
| 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-client console | — | — | ✓ |
Pricing
Priced by lease count, not user seats
No per-user charges. Auditors and reviewers access for free.
Free
Up to 3 active leases
- IFRS 16 & FRS 102 calculations
- Journal generation
- Period-end report (watermarked)
- Statutory note preview (watermarked)
- Exports available on paid plans
Starter
Up to 10 active leases
- Everything in Free
- Excel & CSV exports
- Statutory disclosure note
- 3 legal entities
Professional
Up to 30 active leases
- Everything in Starter
- Group reporting
- 4-4-5 reporting calendars
- 10 legal entities
- Priority support
Portfolio
Up to 100 active leases
- Everything in Professional
- Unlimited legal entities
Enterprise
Larger portfolios, accounting practices, and bespoke requirements. Custom pricing, onboarding, and SLA options available.
Need more detail? See full pricing →
Frequently asked questions
A quick guide to how AuditLease works, who it is for, and how it supports IFRS 16 and FRS 102 lease accounting.
Still have questions? Get in touch
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Make lease accounting easier to evidence.
Free up to 3 leases. No credit card required.