EZLease provides complete lease accounting compliant with both U.S. and international (IFRS) accounting requirements. While most aspects of lease accounting are the same or very similar, there are some differences. Specify here which reporting regime is applicable to your situation.
EZLease is not designed to switch back and forth between accounting regimes. Since the classification options vary between ASC 842, IFRS 16, and GASB 87, changing between US GAAP, IFRS, or GASB or vice versa after classifying leases may lead to inaccurate results. If you need to report under both regimes, please contact LeaseAccelerator to discuss options.