Lease liability movement
A disclosure showing the opening balance, additions, interest, payments, and closing balance of the lease liability over the period.
Definition
The lease liability movement note reconciles the opening and closing lease liability balances for the accounting period. It shows new leases added, interest charged, payments made, modifications, terminations, and the closing balance split between current and non-current.
Why it matters
The liability movement note is a core disclosure in the statutory accounts. It must agree to the balance sheet and is one of the tables most closely reviewed during audit.
In AuditLease
AuditLease produces the complete lease liability movement note automatically from the period-end data, ready for inclusion in the statutory accounts.
Related terms
Put this into practice with AuditLease
AuditLease handles IFRS 16 and FRS 102 lease calculations, statutory note generation, journal entries, and audit evidence — so your team spends less time on spreadsheets and more time on judgements.
This definition is for general information only and is not accounting or legal advice. Definitions are based on IFRS 16, FRS 102, and associated guidance published by the IFRS Foundation and the Financial Reporting Council. Users should refer to the applicable accounting standards and their professional advisers for judgement-specific matters.