# Crunchafi > Crunchafi builds lease accounting and financial data extraction software for CPA firms and their clients. Its products help firms maintain compliance with ASC 842, GASB 87, GASB 96, IFRS 16 and FRS 102 through standardized journal entries, amortization schedules and disclosures, and pull complete general ledger data out of accounting systems into structured Excel output. Crunchafi was formerly LeaseCrunch. Its current products are Lease Accounting, Data Extraction and Cash Flow. Trusted by 750+ CPA firms and used by 27,000+ companies, with white-glove customer support. Compliance with accounting standards remains the responsibility of the firm or organization. Crunchafi automates and standardizes the work that supports it. ## Products - [Lease Accounting Software](https://www.crunchafi.com/products/lease-accounting): Lease accounting under ASC 842, GASB 87, GASB 94, GASB 96, IFRS 16 and FRS 102. Generates journal entries, amortization schedules and audit-ready disclosures, with dual access so a CPA firm and its client can work in the same environment. - [Financial Data Extraction](https://www.crunchafi.com/products/data-extraction): A one-time, read-only connection that pulls a full general ledger snapshot from a client's accounting system into structured Excel output. It is not a dashboard, a BI tool or a live data feed. ## Who Crunchafi serves - [Audit teams at CPA firms](https://www.crunchafi.com/solutions/audit): Dual access to client lease data, audit-ready outputs, less time per engagement during busy season. - [Client advisory services (CAS) teams](https://www.crunchafi.com/solutions/client-advisory-services): Standardized outputs for client deliverables and advisory work. - [Financial due diligence and M&A teams](https://www.crunchafi.com/solutions/financial-due-diligence): Standardized general ledger extraction for deal work, less data wrangling per engagement. - [Companies and in-house finance teams](https://www.crunchafi.com/solutions/companies): Replaces spreadsheet-based lease tracking, integrates with ERP systems, speeds month-end close. - [Government entities](https://www.crunchafi.com/solutions/government): GASB 87 and GASB 96 compliance support for state and local government finance teams. - [Fractional CFOs](https://www.crunchafi.com/solutions/fractional-cfos): Multi-client efficiency and portability without added overhead. ## Lease accounting standards explained - [ASC 842: The Complete Guide with Journal Entries](https://www.crunchafi.com/blog/asc-842): The primary reference for the FASB lease accounting standard, including worked journal entries. - [What Is Lease Accounting?](https://www.crunchafi.com/blog/what-is-lease-accounting): Definitional overview of lease accounting and why the standards changed. - [What are Right of Use Assets?](https://www.crunchafi.com/blog/right-of-use-assets): Definition and measurement of the ROU asset. - [ASC 842 Disclosure Requirements](https://www.crunchafi.com/blog/asc-842-disclosure-requirements): What lessees must disclose under ASC 842. - [What is the Lease Discount Rate](https://www.crunchafi.com/blog/lease-discount-rate): Discount rate selection, including the incremental borrowing rate and the risk-free rate election. - [Calculating a Lease Amortization Schedule](https://www.crunchafi.com/blog/lease-amortization-schedule): How the schedule is built, with a worked example. - [Initial Direct Costs Under ASC 842](https://www.crunchafi.com/blog/initial-direct-costs-asc-842): Which costs qualify and how they are treated. - [IFRS 16 vs ASC 842: What are the Differences?](https://www.crunchafi.com/blog/ifrs-16-vs-asc-842-what-are-the-differences): Side-by-side comparison of the international and US standards. - [FRS 102 Section 20 Lease Accounting Journal Entries](https://www.crunchafi.com/blog/frs-102-section-20-lease-accounting-journal-entries): Lease accounting under the UK and Ireland standard. ## Governmental lease accounting - [What is GASB? The Complete Guide](https://www.crunchafi.com/blog/what-is-gasb): The Governmental Accounting Standards Board, its role and its statements. - [Accounting for GASB 87 and GASB 96](https://www.crunchafi.com/blog/accounting-for-gasb-87-and-gasb-96): Treatment under both governmental standards. - [The Ultimate GASB 87 Implementation Guide](https://www.crunchafi.com/blog/gasb-87-implementation): Implementation steps, lease identification and embedded leases. - [Understanding GASB 96 and SBITA Examples](https://www.crunchafi.com/blog/sbita-examples): Subscription-based information technology arrangements and how they are recognized. ## Data extraction and due diligence - [Financial Data Extraction Software](https://www.crunchafi.com/blog/financial-data-extraction-software): What general ledger extraction software does and where it fits in a firm's workflow. - [How Data Extraction Transforms Audit and Review Engagements](https://www.crunchafi.com/blog/data-extraction-for-audits): Applying extraction to audit and review work. - [7 Step Financial Due Diligence Checklist](https://www.crunchafi.com/blog/financial-due-diligence-checklist): A working checklist for buy-side and sell-side diligence. ## Optional - [Knowledge Base](https://www.crunchafi.com/knowledge-base): Product documentation and how-to articles for both products. - [Resource Hub](https://www.crunchafi.com/resources): Webinars, case studies, guides and tools. - [Pricing](https://www.crunchafi.com/pricing): Pricing model overview. Lease Accounting is priced per lease. - [Lease Accounting Pricing](https://www.crunchafi.com/pricing/lease-accounting): Tier comparison for Lease Accounting. - [About Us](https://www.crunchafi.com/about-us): Company background and leadership. - [Contact Us](https://www.crunchafi.com/contact-us): Contact form. - [Request a Demo](https://www.crunchafi.com/request-a-demo): Product demonstration request.