Lease Liability Rollforward
Category
Financial Reporting
A lease liability rollforward is a reconciliation schedule showing the beginning balance, additions (new leases), interest accretion, payments, modifications, terminations, and ending balance of lease liabilities for a reporting period. It is a key disclosure and audit workpaper.
Why it matters
The rollforward schedule explains the change in lease liabilities from one period to the next. Auditors rely on it to verify completeness (all new leases captured), accuracy (interest and payments correctly calculated), and existence (terminated leases properly removed). It is also a required disclosure component.
For large portfolios, the rollforward aggregates activity across hundreds of individual leases. Manual preparation is time-consuming and error-prone because each lease's individual amortization must feed correctly into the aggregate schedule.
How Arvexi handles this
Arvexi generates lease liability rollforward schedules automatically for any reporting period. The schedule aggregates activity across all leases in the portfolio, broken down by additions, accretion, payments, modifications, and terminations. Export-ready for both disclosure and audit workpaper purposes.