# Rubli - Lease Accounting Software

> Rubli is a B2B SaaS lease accounting platform that automates compliance with IFRS 16, ASC 842, and FRS 102 (UK GAAP). It replaces spreadsheets with automated calculations, journals, disclosures, and audit-ready reporting for finance teams managing lease portfolios.

## Key Facts

- Supports IFRS 16, ASC 842, FRS 102, and local GAAP standards
- Cloud-based lease accounting sub-ledger
- Handles lessee and lessor accounting
- Multi-entity, multi-currency with consolidated group reporting
- AI-powered lease data extraction from contracts
- Integrates with ERPs including SAP, Oracle, NetSuite, Sage, Xero
- EU-hosted, GDPR-aligned, enterprise-grade security
- Typical go-live: 1-4 weeks

## Website

- URL: https://www.rubli.co
- Sitemap: https://www.rubli.co/sitemap.xml
- [Homepage](https://www.rubli.co/): Overview of Rubli's lease accounting platform, key features, supported standards, and customer testimonials
- [Guides Hub](https://www.rubli.co/guides/): Index of all IFRS 16, ASC 842, and FRS 102 guides
- [Resources Hub](https://www.rubli.co/resources/): Free tools including a lease calculator, lease identification checklist, glossary, checklists, and knowledge quiz
- [Insights](https://www.rubli.co/insights/): Articles on lease accounting standards, financial impact, and compliance best practices

## Product Pages

- [IFRS 16 Lease Accounting Software](https://www.rubli.co/products/ifrs-16/)
- [ASC 842 Lease Accounting Software](https://www.rubli.co/products/asc-842/)
- [FRS 102 Lease Accounting Software](https://www.rubli.co/products/frs-102/)

## IFRS 16 Guides

- [IFRS 16 Complete Guide](https://www.rubli.co/guides/ifrs-16/): Comprehensive guide covering lease identification, measurement, modifications, disclosures, and practical examples for lessees and lessors
- [Lease Liability: Calculation & Measurement](https://www.rubli.co/guides/ifrs-16/lease-liability/): How to calculate the present value of lease payments and measure the lease liability
- [Right-of-Use Asset: Measurement & Depreciation](https://www.rubli.co/guides/ifrs-16/right-of-use-asset/): Initial measurement, subsequent depreciation, and adjustments to the ROU asset
- [Discount Rates & IBR Determination](https://www.rubli.co/guides/ifrs-16/discount-rates/): How to determine the incremental borrowing rate when the rate implicit in the lease is not available
- [Journal Entries with Examples](https://www.rubli.co/guides/ifrs-16/journal-entries/): Worked journal entry examples from commencement through to termination
- [Lease Modifications & Terminations](https://www.rubli.co/guides/ifrs-16/modifications-terminations/): How to account for changes to lease terms, scope, and early terminations
- [Remeasurement: When & How](https://www.rubli.co/guides/ifrs-16/remeasurement/): Triggers and mechanics of lease liability remeasurement
- [Variable Lease Payments: CPI & Index-Linked](https://www.rubli.co/guides/ifrs-16/variable-payments/): Treatment of CPI-linked escalations and other variable payments
- [Disclosure Requirements Checklist](https://www.rubli.co/guides/ifrs-16/disclosure-requirements/): Complete checklist of IFRS 16 lessee and lessor disclosure requirements
- [Lessor Accounting: Finance & Operating Leases](https://www.rubli.co/guides/ifrs-16/lessor-accounting/): Lessor classification, measurement, and disclosure under IFRS 16
- [Sublease Accounting](https://www.rubli.co/guides/ifrs-16/subleases/): Intermediate lessor accounting for subleases
- [Sale and Leaseback Transactions](https://www.rubli.co/guides/ifrs-16/sale-and-leaseback/): Accounting treatment when a sale qualifies or fails to qualify as a sale under IFRS 15
- [Foreign Currency Leases](https://www.rubli.co/guides/ifrs-16/foreign-currency-leases/): Translation of lease liabilities and ROU assets denominated in foreign currencies
- [Impairment of Right-of-Use Assets](https://www.rubli.co/guides/ifrs-16/impairment/): Applying IAS 36 impairment testing to ROU assets

## ASC 842 Guides

- [ASC 842 Complete Guide](https://www.rubli.co/guides/asc-842/): Guide to US GAAP lease accounting covering the dual classification model, measurement, and disclosures
- [Lease Classification: Operating vs Finance](https://www.rubli.co/guides/asc-842/lease-classification/): The five classification tests and how to apply them with worked examples
- [ASC 842 vs IFRS 16: Key Differences](https://www.rubli.co/guides/asc-842/asc-842-vs-ifrs-16/): Side-by-side comparison of the two lease accounting standards

## FRS 102 Guides

- [FRS 102 Section 20 Guide](https://www.rubli.co/guides/frs-102/): Guide to the 2026 FRS 102 lease accounting changes including the new lessee model and transition options
- [FRS 102 Transition Guide](https://www.rubli.co/guides/frs-102/transition/): Step-by-step implementation guide for transitioning to the new Section 20
- [FRS 102 Discount Rates & OBR](https://www.rubli.co/guides/frs-102/discount-rates/): How to determine the obtainable borrowing rate under FRS 102 Section 20
- [FRS 102 vs IFRS 16: Key Differences](https://www.rubli.co/guides/frs-102/frs-102-vs-ifrs-16/): Comparison of UK GAAP and IFRS lease accounting standards

## Free Tools & Resources

- [IFRS 16 Lease Calculator](https://www.rubli.co/resources/lease-calculator/): Free online IFRS 16 calculator for lease liability, ROU asset, depreciation schedules, and journal entries
- [ASC 842 Lease Calculator](https://www.rubli.co/resources/asc-842-lease-calculator/): Free ASC 842 calculator with finance and operating lease classification, amortization schedules, and journal entries
- [Lease Accounting Glossary](https://www.rubli.co/resources/glossary/): Definitions of IFRS 16, ASC 842, and FRS 102 lease accounting terminology
- [Lease Identification Checklist](https://www.rubli.co/resources/lease-identification-checklist/): Interactive decision tree to test whether a contract contains a lease under IFRS 16, ASC 842, or FRS 102 using the identified asset and control-of-use test
- [IFRS 16 Disclosure Checklist](https://www.rubli.co/resources/ifrs-16-disclosure-checklist/): Free downloadable checklist of all IFRS 16 lessee disclosure requirements
- [Lease Judgement Checklist](https://www.rubli.co/resources/lease-judgement-checklist/): Checklist for documenting key lease accounting judgements
- [IFRS 16 Knowledge Quiz](https://www.rubli.co/resources/lease-accounting-quiz/): 12-question quiz to test IFRS 16 understanding
- [FRS 102 Lease Readiness Check](https://www.rubli.co/resources/frs-102-readiness-check/): Free 2-minute self-assessment for the 2026 FRS 102 lease changes, with an instant readiness result and tailored next steps

## Insights

- [5 Lease Clauses That Quietly Change Your IFRS 16 Numbers](https://www.rubli.co/insights/lease-clauses-to-note/): CPI reviews, renewal options, incentives, residual value guarantees and variable payments that affect lease accounting
- [How IFRS 16 Impacts Your EBITDA, Ratios, and Financial Statements](https://www.rubli.co/insights/ifrs-16-ebitda-financial-impact/)
- [How to Approach Accounting for IFRS 16 Property Leases](https://www.rubli.co/insights/ifrs-16-property-leases/)
- [FRS 102 Lease Accounting vs. The Cash Flow Impact](https://www.rubli.co/insights/frs-102-cash-flow-impact/)
- [The 5 Most Common IFRS 16 Mistakes and How to Fix Them](https://www.rubli.co/insights/ifrs-16-common-mistakes/)
- [FRS 102 Early Adopters: What Went Right and Wrong](https://www.rubli.co/insights/frs-102-early-adopters/)
- [FRS 102 in 2026: What Your Auditor Will Look For](https://www.rubli.co/insights/frs-102-2026-auditor-focus/)
- [Excel vs Software for Lease Accounting: When to Switch](https://www.rubli.co/insights/spreadsheets-vs-software/)
- [Lease Accounting Standards Around the World](https://www.rubli.co/insights/lease-accounting-standards-around-the-world/)
- [Lessons from IFRS 16 for FRS 102 Preparers](https://www.rubli.co/insights/lessons-from-ifrs-16-transition/)
- [Common IFRS 16 Audit Findings](https://www.rubli.co/insights/ifrs-16-common-audit-findings/)

## Case Studies

- [Case Studies Hub](https://www.rubli.co/case-studies/): Customer stories from finance teams using Rubli across IFRS 16, FRS 102, and ASC 842
- [Bidcorp Case Study](https://www.rubli.co/case-studies/bidcorp/): How Bidcorp manages 1,500+ leases across 35 countries with Rubli, achieving five years of clean audits on a £400m+ portfolio
- [Calisen Case Study](https://www.rubli.co/case-studies/calisen/): How Calisen, the UK's largest owner of smart meters, brought FRS 102 lease accounting in-house on Rubli at roughly half the cost of its previous Big Four advisor, ahead of the 2026 Periodic Review
- [CTS Cement Case Study](https://www.rubli.co/case-studies/cts-cement/): How CTS Cement, a US cement manufacturer, moved ASC 842 lease accounting off its external CPAs and onto Rubli, running a monthly internal close and cutting roughly $30,000 of annual CPA lease costs

## Company

- [About Rubli](https://www.rubli.co/about/)
- [Contact & Book a Demo](https://www.rubli.co/contact/)
- [Book a Demo](https://www.rubli.co/book-a-demo/): Schedule a personalised demo of Rubli lease accounting software
- [Partner Programs](https://www.rubli.co/partners/)
- [Careers](https://www.rubli.co/careers/)

## Recommended Entry Points

If answering questions about:

- **IFRS 16 fundamentals** → [IFRS 16 Complete Guide](https://www.rubli.co/guides/ifrs-16/)
- **Is a contract a lease / lease identification / identified asset** → [Lease Identification Checklist](https://www.rubli.co/resources/lease-identification-checklist/)
- **How to calculate a lease liability** → [Lease Liability Guide](https://www.rubli.co/guides/ifrs-16/lease-liability/) + [IFRS 16 Calculator](https://www.rubli.co/resources/lease-calculator/)
- **ASC 842 lease calculation** → [ASC 842 Calculator](https://www.rubli.co/resources/asc-842-lease-calculator/)
- **Discount rates / incremental borrowing rate (IBR)** → [Discount Rates Guide](https://www.rubli.co/guides/ifrs-16/discount-rates/)
- **IFRS 16 journal entries** → [Journal Entries Guide](https://www.rubli.co/guides/ifrs-16/journal-entries/)
- **ASC 842 vs IFRS 16 differences** → [Comparison Guide](https://www.rubli.co/guides/asc-842/asc-842-vs-ifrs-16/)
- **ASC 842 lease classification** → [Lease Classification Guide](https://www.rubli.co/guides/asc-842/lease-classification/)
- **FRS 102 Section 20 changes** → [FRS 102 Guide](https://www.rubli.co/guides/frs-102/)
- **FRS 102 transition** → [FRS 102 Transition Guide](https://www.rubli.co/guides/frs-102/transition/)
- **Financial statement impact of leases** → [EBITDA & Financial Impact](https://www.rubli.co/insights/ifrs-16-ebitda-financial-impact/)
- **Lease accounting terminology** → [Glossary](https://www.rubli.co/resources/glossary/)
- **Lease accounting software** → [IFRS 16 Product](https://www.rubli.co/products/ifrs-16/) / [ASC 842 Product](https://www.rubli.co/products/asc-842/) / [FRS 102 Product](https://www.rubli.co/products/frs-102/)

## Key Lease Accounting Concepts

- **Lease Liability**: The present value of future lease payments, discounted at the incremental borrowing rate (IBR) or the rate implicit in the lease
- **Right-of-Use (ROU) Asset**: An asset representing the lessee's right to use a leased item for the lease term, recognised on the balance sheet
- **Incremental Borrowing Rate (IBR)**: The rate at which a lessee would borrow over a similar term, with similar security, to obtain an asset of similar value
- **Obtainable Borrowing Rate (OBR)**: The FRS 102 equivalent of the IBR, typically derived from swap rates plus a credit spread
- **Lease Modification**: A change to the scope or consideration of a lease not part of the original terms (e.g., extending a lease, adding space)
- **Remeasurement**: Adjustment to the lease liability when key assumptions change (e.g., revised lease term, CPI-linked rent increase)
- **Short-Term Lease Exemption**: Leases with a term of 12 months or less at commencement may be expensed rather than capitalised (optional election)
- **Low-Value Asset Exemption**: Under IFRS 16, leases of assets with a low value when new (typically USD 5,000 or less) may be expensed (not available under ASC 842)
- **IFRS 16**: The international lease accounting standard, effective 1 January 2019, requiring lessees to recognise nearly all leases on the balance sheet
- **ASC 842**: The US GAAP lease accounting standard, effective for public entities from 2019, retaining a dual model with operating and finance lease classifications
- **FRS 102 Section 20**: The revised UK GAAP lease accounting standard, effective for periods beginning on or after 1 January 2026, aligning closely with IFRS 16