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.

Free - No Limit - No credit card required · Cancel anytime

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

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.

Everything from lease-in
to journal posted

Clarevon is purpose-built for IFRS 16 compliance. From lease abstraction to amortisation schedules to journal entries to disclosure notes; everything is automated, so your team can focus on analysis and decision-making instead of manual work.

⚙️
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.

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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.

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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.

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 without Finance vs Operating split.

Pricing

Pick exactly what you need

Three independent product lines. Subscribe to one, two, or all three.

Detecting location…

Full lease lifecycle; amortisation schedules, journal entries, disclosure notes. Support for IFRS 16 standard simultaneously.

Free
Free
Forever — no card needed

3 leases
4 users
1 standard
Journal generation
Balance sheet & P&L
Regular
per month

50 leases
5 users
2 standards
Full journal posting
Disclosure note
Bulk import (50 rows)
1 ERP integration
Audit trail
Reminders
Most popular
Premium
per month

Unlimited leases
20 users
All 7 standards
AI abstraction
Bulk import (unlimited)
Scenario modelling
3 ERP integrations
Parallel accounting
Subsidiaries & group
Enterprise
per month

Unlimited everything
API access
Custom ERP setup
Dedicated CSM
SLA

Ready to stop rebuilding spreadsheets?

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

Start your free trial →

Free -- No Limit · No credit card required