IFRS 16 Lease Accounting — 196 Countries

Compliance in motion.

Clarevon automates lease accounting from amortisation schedules to journal entries to disclosure notes — so your team stops rebuilding spreadsheets every period.

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Total Liability
₦ 284.5M
ROU Assets
₦ 271.2M
Active Leases
47
Journals Posted
1,248
Recent Journal EntriesView all →
Dec 31 2024Interest Expense — Office Lease A₦ 284,500
Dec 31 2024Depreciation — ROU Asset (Office)₦ 416,667
Dec 31 2024Lease Liability — Office Lease A₦ 1,200,000

Built for finance teams across

Nigeria (NGN)Kenya (KES)South Africa (ZAR)Ghana (GHS)United Kingdom (GBP)United Arab Emirates (AED)190+ more countries

The problem

Lease accounting is broken
when you do it manually

Every lease modification breaks your spreadsheet. Every period-end means hours of manual journal entries. Every audit means building disclosure notes from scratch.

📊

Spreadsheets break on every change

A single IBR adjustment, CPI escalation, or contract modification cascades through your entire model. One wrong formula and your auditor catches it.

🔁

Month-end is a manual nightmare

Interest accruals, ROU depreciation, FX revaluation — each entry has to be calculated, cross-checked, and posted. For 20+ leases this takes days.

📋

Disclosure notes are built from scratch

IFRS 16 para 53/54 tables, maturity analysis, reconciliation of opening and closing balances — your auditors want them, you spend a week building them.

How Clarevon works

Everything from lease-in
to journal posted

Clarevon is purpose-built for IFRS 16. ASC 842, GASB 87, FRS 102 and other standards are available on request for multi-jurisdiction entities.

⚙️
Norm Engine

Automated amortisation schedules

Input your lease terms and discount rate. Clarevon calculates the full amortisation schedule — ROU asset, lease liability, interest, and depreciation — for the entire lease term.

📒
FluxPost

One-click journal posting

Every Dr/Cr entry for every period is generated automatically and posted to your general ledger. Interest expense, depreciation, FX gains and losses — all handled.

📄
NormNote

Disclosure notes generated instantly

IFRS 16 para 53 and 54 tables, maturity analysis, and reconciliations are generated from your live data. Hand it to your auditor as-is.

🔗
FluxSync

ERP sync built in

Post journals directly to QuickBooks, SAP, Oracle, NetSuite, Dynamics 365, and Sage Intacct. No CSV exports, no manual re-entry.

🏢
NormFirm

CPA firm mode

Manage multiple client entities from a single login. Switch context between clients instantly. Firm-level billing with per-client discounts.

🤖
NormRead

AI lease abstraction

Upload a lease PDF and let Clarevon extract the key terms — commencement date, payments, term, escalation clauses — ready for review and import.

Standards supported

Built for IFRS 16
from the ground up

IFRS 16
International — 144+ countries

Full on-balance-sheet model. ROU asset + lease liability for all leases. Single lessee model — no Finance vs Operating split.

Pricing

Start free. Scale as you grow.

All plans include a 30-day free trial. No credit card required.

Detecting location…
Trial
Free
30 days, no card needed

Up to 3 contracts
4 users
1 standard (IFRS 16)
Journal generation
Balance sheet & P&L reports
Starter
per month

Up to 25 contracts
3 users
2 accounting standards
Full journal generation
All reports + disclosure note
1 ERP integration
Most popular
Professional
per month

Up to 250 contracts
15 users
4 accounting standards
AI lease abstraction
Bulk CSV import
Scenario modelling
3 ERP integrations
Enterprise
per month

Unlimited contracts
Unlimited users
All 7 standards
All Professional features
Unlimited ERP integrations
Dedicated CSM
API access

Local pricing available in NGN, GHS, KES, ZAR, GBP, EUR, AED and more. All prices exclude applicable local taxes.

Ready to stop rebuilding spreadsheets?

Join finance teams using Clarevon to automate IFRS 16 compliance end-to-end.

Start your free trial →

30-day free trial · No credit card required