Simplify FRS 102 Section 20 lease accounting
Audit-ready outputs, built for Chartered Accountancy Firms.
Repeatable firm-wide methodology, scalable across your portfolio.
Onboard in minutes. Spend less time per engagement.
Sign up before launch and get free access to our FRS 102 Section 20 lease accounting software for all of 2026.
Trusted by more chartered accountancy firms than anyone else in the U.S.
What's changed?
FRS 102 Section 20: Adding leases to the balance sheet
As of 1 January 2026, FRS 102 Section 20 for lease accounting takes effect, requiring operating leases to move onto the balance sheet for UK and Irish companies. The result:
Majority of UK/IE companies required to apply FRS 102 Section 20.
Increased scrutiny from auditors and regulators.
More complex disclosures.
The challenge
Spreadsheets can’t support FRS 102 Section 20 compliance
Lease modifications break spreadsheets
Chances of formula errors, version control issues, and the lack of a repeatable audit trail multiply when scaled.
Disclosures take hours to compile
FRS 102 Section 20 disclosures are much more detailed. It takes too much time to manually adjust in spreadsheets.
Busy season only makes it worse
Post-transition busy season begins immediately. There’s more data to extract, more judgements to document, and more audit scrutiny in less time.
The solution
Automate FRS 102 Section 20 lease accounting with Crunchafi
Crunchafi streamlines FRS 102 Section 20 compliance by automating calculations, journal entries, and disclosures, so you receive audit-ready outputs that scale across your client portfolio.
