Product
Evidence Pack
The complete audit evidence package for lease accounting — ready for the audit file, without the manual assembly.
Why the evidence pack matters
Lease accounting under IFRS 16 and FRS 102 involves significant judgements. Auditors need to see not just the numbers, but the reasoning behind discount rate selection, lease term determination, and exemption decisions — and they need to be able to agree those numbers back to detailed calculations.
Without a system like AuditLease, assembling this evidence takes significant time and the results are often incomplete. The AuditLease evidence pack is built automatically as a by-product of normal use — no additional assembly required.
What the evidence pack contains
Lease register
Complete details of every lease: dates, payment terms, options, exemption decisions, and supporting documents.
Accounting judgements
Documented reasoning for every key judgement: IBR selection, lease term determination, renewal/termination option assessment, and exemption rationale. Written by the preparer and stored against the lease record.
Calculation run detail
Full present value workings, the discount rate applied, the payment schedule used, and the resulting opening lease liability and ROU asset.
Amortisation schedules
Period-by-period amortisation of the lease liability and depreciation of the ROU asset, for every lease, for the full lease term.
Journal entries
Every journal produced from the calculation, with account codes, descriptions, and references to the originating lease and calculation run.
Statutory note
The full IFRS 16 or FRS 102 lease disclosure — ROU asset movement, lease liability movement, current/non-current split, P&L charges, maturity analysis, and cash flow disclosure — formatted and ready for inclusion in the financial statements.
Immutable history
Every calculation run in AuditLease is permanent. Once completed, it cannot be edited. If a lease is remeasured, a new run is created — and both the original and the revised run are preserved. This means the evidence pack reflects exactly what was calculated and when, providing an unambiguous audit trail.
Auditor access
Clients can grant read-only access to their auditors directly within AuditLease. Auditors can review all lease data, calculations, judgements, and evidence pack outputs without being able to make changes. Access can be restricted to specific legal entities.
Build your evidence pack with AuditLease
Free for up to 3 leases. No credit card required.
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