Lease Liability Recalculation
Rebuild each lease liability and its interest from the lease’s own terms.
- Ledger + lease register
- Key analysis in Fixed assets & leases
How the result is read
Under IFRS 16, ASC 842 and FRS 102 from 2026 the liability is the present value of the payments still to come, discounted at the rate implicit in the lease or the incremental borrowing rate. Each lease is rebuilt from its terms rather than read from the register: a payment each period from commencement until the end date, paid in advance, discounted at the stated annual rate. The interest for the year is not recomputed separately; it is what reconciles the opening liability, the year’s payments and the closing liability, so an interest charge that does not reconcile is a liability that does not either.
In the application
Lease Liability Recalculation is filed under Fixed assets & leases, index letter F. "Run all analyses" runs it with every other analysis the ledger and the documents loaded can answer. The worksheet states the population it tested on its face — or "Not applicable" with the reason when a column it depends on is empty — and the Excel workbook the engagement exports files it under F, beside an index of the source files with their SHA-256 fingerprints.
Read it with
Run your next audit file test without the Excel crash.
One free engagement to evaluate, valid 60 days. The ledger never leaves the machine.
- 20 minutes
- Runs on a fictional engagement
- No client data required