IFRS 16
Lease Accounting Software
400+ customers trust LeaseQuery with their IFRS 16 compliance
Proven Compliance
LeaseQuery is trusted by 8000+ organizations worldwide and proven to simplify lease accounting for long-term compliance.
Translation and Remeasurement
LeaseQuery automates remeasuring the lease liability and right-of-use asset when there are changes in future payments, such as for leases based on CPI.
Multi-Currency Reporting
Whatever the currency your lease payments are in – British Pounds, Euros, or Japanese Yen, etc – LeaseQuery provides accurate calculations and reporting.
Dual File
If you report under both IFRS 16 and another standard, LeaseQuery lets you enter leases once and generate accurate, CPA-approved outputs for both standards—no duplication, no confusion.
“Based on the number of leases and current level of disaggregation, combined with the level of understanding of IFRS 16 required to properly account for leases, we determined that it would be completely impractical to track the ROU and Lease Liability without a lease specific software.”
Weston Curtis
Sr. Corporate Accountant, Boart Longyear
We ensure you fully comply with IFRS 16
Cloud-Based and Searchable Lease Database
- Access your leases in a centralized database that’s available anywhere there’s an internet connection
- View audit trails, lease entries, modifications, and approvals at the click of a button
- Real Estate, IT, and other departments that deal with leases can efficiently access the documents that they need
- Grant read-only access to your auditors
Secure and IT Approved System
- Data validation ensures all modifications to leases are approved before they are saved
- Multiple levels of access ensure that users can only view the information they need
- Your internal controls are reinforced in accordance with the Sarbanes-Oxley (SOX) Act
Automation, Disclosures, and Customizable Reporting
- Automation of critical alerts and reports helps you keep IFRS 16 deadlines in mind
- Avoid missed payments, overpayment, and other issues with critical alerts for payment dates, renewals, cancellations, and more
- Both canned and fully-customizable reports make it easy to disclose your lease information
- All reports and disclosures needed to meet new requirements under IFRS 16, including additions to ROU assets, total cash outflow of leases, and interest expense on lease liabilities
