FRS 102 | Crunchafi
Crunchafi offers audit-ready, automated software designed for Chartered Accountancy firms to efficiently comply with the new FRS 102 Section 20 lease accounting standard effective January 1, 2026, which mandates UK and Irish companies to bring operating leases onto the balance sheet, providing scalable, centralized lease management and collaboration tools to streamline compliance and client engagements.
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.
Be the First to Know When FRS 102 is Available in Crunchafi
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Trusted by More Chartered Accountancy Firms Than Anyone Else in the U.S.
Apply FRS 102 Section 20 with Ease
Compliance Confidence
Produce audit-ready statutory accounts that adhere to FRS 102 Section 20 guidelines without building from scratch.
Efficiency Beyond Spreadsheets
Automated workflows handle lease modifications, calculations, and disclosures at scale, meaning faster engagements and more clients served.
Manage All Clients in One Place
Our dual-access functionality makes it simple to seamlessly collaborate with clients and manage leases across your portfolio in one centralized location.
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.
Audit-ready statutory accounts
Automate calculations and produce audit-ready accounts without building from scratch in a spreadsheet.
Repeatable firm-wide methodology
Extract lease and contract data while automating lease modifications and disclosures at a multi-client scale.
Support when you need it
Need help with FRS 102 Section 20 compliance? Our team of experienced chartered accountants are a call away.
What We’ve Heard
Here's why Chartered Accountancy Firms choose Crunchafi's FRS 102 Section 20 lease accounting software:
“When researching different solutions, Crunchafi’s Lease Accounting software stood out because the workflow was simple and easy to follow, the implementation time was much faster, and they offer a help document to assist on the technical side.”
— Julie W., Controller, Non-Profit Organization Management
Access FRS 102 Section 20 Lease Accounting Software for Free
Sign up before our FRS 102 lease accounting software launches and get free access for the rest of 2026!
Be the First to Know When FRS 102 is Available in Crunchafi
Form fields:
- First name*
- Last name*
- Company name*
- Email*
We'll only use your personal information to provide the products and services you've requested. From time to time, we'd like to contact you about other products and services that may be of interest to you. If you consent, please indicate how you'd like us to contact you.
- I agree to receive other communications from Crunchafi.
- I agree to allow Crunchafi to store and process my personal data.*
You can unsubscribe at any time. See our Privacy Policy for details.
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