Precision Lease Valuation. Unlimited Scale. Absolute Security.

At LeaseVal, we understand that modern lease accounting is more than just a compliance checkbox—it is a critical component of your financial health. As global accounting standards (IFRS, US GAAP, and UK GAAP) continue to evolve, the complexity of managing lease portfolios has skyrocketed.

We specialize in providing cutting-edge Lease Valuation Software designed to automate the heavy lifting of lease calculations. Whether you are managing a handful of offices or a global portfolio of thousands of assets, LeaseVal provides the computational power and accuracy required to satisfy auditors and stakeholders alike.

Unlimited Scalability: No caps on properties. Grow without software restrictions.
Security First: Fully GDPR compliant with enterprise-grade encryption.
Audit-Ready Reports: Comprehensive transparency from IBOR to variable payments.

Navigating Global Standards with Confidence

1. IFRS 16 Compliance

The Global Standard for Lease Transparency.

IFRS 16 fundamentally changed the accounting landscape by eliminating the distinction between operating and finance leases for lessees. Under this standard, almost every lease must be capitalized on the balance sheet.

How LeaseVal Helps: LeaseVal automates the calculation of the Right-of-Use (ROU) asset and the corresponding Lease Liability from inception to termination. Our engine accurately handles complex variables such as initial direct costs, lease incentives, and variable payments. We provide a clear audit trail for the interest expense and depreciation schedules, ensuring your financial statements reflect a true and fair view of your obligations.

2. ASC 842 Compliance

Mastering the US GAAP Dual Model.

The FASB's ASC 842 standard requires a nuanced approach, maintaining a dual model for lease classification (Operating vs. Finance). This complexity often traps organizations in a web of spreadsheets.

How LeaseVal Helps: LeaseVal simplifies the ASC 842 dual model. Our software automatically classifies leases based on the five criteria of the standard and generates the appropriate amortization schedules. For Operating Leases, we calculate the single lease cost on a straight-line basis; for Finance Leases, we handle the front-loaded interest and amortization expenses. This ensures your organization remains compliant with US GAAP without the manual workload.

3. FRS 102 Compliance

Clarity for the UK and Ireland.

FRS 102 (Section 20 Leases) offers a distinct framework for entities in the UK and Ireland, with recent amendments bringing it closer to international standards. Navigating these transitions requires a system that is both flexible and precise.

How LeaseVal Helps: LeaseVal is fully calibrated to support FRS 102 requirements. We help you manage the transition from the old operating lease model to the new recognition of lease liabilities and right-of-use assets. Our software is designed to handle the specific disclosure requirements mandated by FRS 102, ensuring that your statutory accounts are compliant with local regulations while adhering to international best practices.

Frequently Asked Questions

How quickly will I receive a response?

We aim to respond within one business day.

Do you offer product demonstrations?

Yes. Select "Book a demo" in the enquiry form, and our team will arrange a tailored walkthrough.

Can LeaseVal manage unlimited properties?

Yes. Our software supports an unlimited number of properties with no hidden caps.

Is LeaseVal GDPR compliant?

Yes. The platform is built with GDPR-compliant data handling and security in mind.

Can I use LeaseVal for more than one accounting standard?

Yes. LeaseVal supports IFRS 16, ASC 842, and FRS 102 reporting.