Lease•IFRS 16, ASC 842, FRS 102
Lease Accounting
Full lease lifecycle from contract evidence to schedules, journals, disclosures, audit trail, scenarios, and strategic planning.
Create leases directly or through lease operations, identify embedded leases, abstract contracts, calculate ROU assets and liabilities, generate amortisation and depreciation schedules, manage modifications, and sync audit-ready outputs into journals, reports, compliance, and ERP.
Workflow
Lease requests and contract evidence
Lease identification and abstraction
Measurement, schedules, journals and posting
Modifications, terminations, scenarios and strategic planning
Outputs
Lease liability and ROU asset schedules
Journal entries and ERP posting payloads
Disclosure reports and audit evidence
Compliance findings and management insights
Management Decisions
Renew, modify, terminate, relocate or renegotiate leases
Assess portfolio risk, concentration, cash flow and statement impact
Connects with the wider platform
Standalone product, shared compliance evidence.
Lease Accounting can be purchased and operated on its own. When combined with other Clarevon products, its journals, schedules, disclosures, controls, audit evidence and compliance signals flow into the same Accounting Compliance Center, reporting engine, audit trail, ERP integration layer and AI assistant.