Lease Accounting Resources

Explore FMIS lease accounting resources, including our comprehensive guide and dedicated guides to FRS 102, IFRS 16 and ASC 842. Start with the overview, choose a standard-specific guide or browse practical articles and case studies.

Start here · Comprehensive guide

FMIS Lease Accounting Guide

Start with an overview of lease accounting, the main reporting frameworks and the practical work involved in maintaining lease records, calculations and reporting.

Use this guide as your starting point, then follow the dedicated guides for more detail on your reporting framework.

FMIS Lease Accounting Guide illustration

Guides by accounting standard

Choose the guide relevant to your organisation’s reporting framework. Each guide provides more detailed information on the requirements and practical accounting work for that standard.

For support with lease records, calculations and reporting, explore FMIS Lease Accounting software.

FRS 102 Lease Accounting Guide illustration

Revised Section 20

FRS 102 Lease Accounting Guide

Explore revised Section 20, the changes to lessee accounting and the practical steps involved in transition and ongoing reporting.

IFRS 16 Lease Accounting Guide illustration

International reporting

IFRS 16 Lease Accounting Guide

Understand lease identification, right-of-use assets, lease liabilities and the ongoing calculations and reporting required under IFRS 16.

ASC 842 Lease Accounting Guide illustration

US GAAP

ASC 842 Lease Accounting Guide

Explore lease recognition under US GAAP, operating and finance lease classification, and the implications for measurement and reporting.

Lease accounting articles and updates

Browse practical explanations, reporting updates and FMIS product news. Search this collection by topic or keyword.

Start with the four guides above for comprehensive guidance. This collection also includes shorter explanations, earlier articles and product updates.

27 results.

Article / update

IFRS 16 – What you need to know

IFRS 16 brings with it the biggest changes to Lease Accounting in 30 years. Here is what you need to know in brief to get compliant.

Article / update

Cloud vs On-premise

Simple, quick and affordable - cloud hosting offers an attractive alternative to going on-premise, but is it right for you? Here is what you need to know.

Lease accounting case studies

Read how organisations use FMIS to support their lease accounting processes. Search by organisation, sector or keyword.

St George’s describes an IFRS 16 implementation. The AA case study (2014) describes historical fleet lease accounting under IAS 17.

2 results.

Case study

The AA uses FMIS Leasing software

Find out how FMIS took a process that used to take days and cut it down to a few hours when the AA started using FMIS leasing software.

Explore FMIS Lease Accounting

If you are reviewing software to support your lease accounting process, explore FMIS Lease Accounting or contact us to discuss your requirements.