About AuditLease

Why AuditLease was built

Lease accounting under IFRS 16 and FRS 102 is complex, judgement-intensive, and, for most businesses, still managed in spreadsheets. Those spreadsheets are hard to audit, prone to error, and produce outputs that rarely connect cleanly to the financial statements.

AuditLease was built to fix that. The goal is simple: give businesses and their accountants UK lease accounting software that produces outputs ready for the audit file, without the risk of a spreadsheet.

Why the UK focus

The 2026 amendments to FRS 102 change how thousands of UK private companies account for leases, on a timetable that applies only here. Building for that from the start, rather than adapting an international product to it, was the founding decision behind AuditLease.

What that means in the product, and how it differs from the enterprise tools built around IFRS 16, is set out on the FRS 102 and IFRS 16 product page.

Built around the audit

The name AuditLease reflects the core design principle. Every feature is built to produce outputs that can go directly into the audit file: documented judgements, immutable calculation history, statutory note disclosures, and journal entries with a complete audit trail.

We believe the product should make audits easier, not harder. If an output from AuditLease cannot be clearly traced, explained, and defended, it should not exist.

Contact

AuditLease is developed and operated in the United Kingdom. For questions, feedback, or to discuss how AuditLease could work for your practice or business, get in touch.