Over 10 years we help companies reach their financial and branding goals. Maxbizz is a values-driven consulting agency dedicated.

Gallery

Contact

+1-800-456-478-23

411 University St, Seattle

[email protected]

Twitter Facebook-f Pinterest-p Instagram

United Kingdom & Republic of Ireland

FRS 102:

Lease Accounting is Changing –
Are you ready?

The Financial Reporting Council (FRC) has announced a major transformation to UK lease accounting through amendments to Section 20 of FRS 102, effective for accounting periods beginning on or after 1 January 2026.

These changes align UK GAAP more closely with IFRS 16, ensuring greater transparency and consistency in financial reporting.

LeazeOn helps UK businesses stay ahead of these changes with an intelligent, automated lease accounting platform. Built on proven expertise in IFRS 16 and equivalent global lease accounting standards, LeazeOn simplifies complex calculations, streamlines reporting, and delivers audit‑ready outputs – all in one place.

What is changing for lessee?

The 2026 amendments to FRS 102 Section 20 bring lease
accounting in the UK much closer to IFRS 16.

The 2026 amendments to FRS 102 Section 20 bring lease accounting in the UK much closer to IFRS 16.

Why Choose Leazeon?

Market Proven :

7+ years; 150,000 leases managed, 500+ corporates across industries

Scalable:

Can support virtually
unlimited number of leases

Certifications:

ISO 27001 and SOC I & II compliant

Plug-and-Play:

Fast deployment, accessible from anywhere in the world

Click Here To Know More

LeazeOn Demo Details

LeazeOn Proposal Details