Professional lease accounting software for companies in the Adria region. Automate your IFRS 16 compliance with accurate calculations for lease liabilities, right-of-use assets, and comprehensive financial reporting.
Everything you need for complete IFRS 16 compliance and lease portfolio management
Automatically calculate lease liabilities, interest expenses, and principal payments with precision. Support for various payment schedules and frequencies.
Track and manage ROU assets with automated depreciation schedules. Handle modifications, reassessments, and impairments effortlessly.
Handle leases in multiple currencies with automatic exchange rate conversions. Perfect for companies operating across the Adria region.
Generate detailed financial reports, disclosure notes, and journal entries. Export to Excel or print directly for auditors.
Manage lease portfolios for multiple companies from a single platform. Perfect for corporate groups and holding companies.
Import your existing lease data from Excel spreadsheets. Bulk upload capabilities save hours of manual data entry.
IFRS 16 is the International Financial Reporting Standard for lease accounting, effective from January 1, 2019. It fundamentally changes how lessees account for leases by requiring most leases to be recognized on the balance sheet.
For companies in the Adria region (Slovenia, Croatia, Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia), IFRS 16 compliance is essential for accurate financial reporting and regulatory compliance.
Better visibility of lease obligations for stakeholders
Consistent treatment enables better peer comparisons
Meet local and international reporting requirements
Emikon has developed a tool that allows companies to calculate lease agreements impacts in accordance with IFRS 16 requirements while keeping their processes clear and seamless within a single platform. Emion EmLease tool offers all the key features for reporting leases in accordance with IFRS 16 and a number of other competitive advantages that make it a truly comprehensive assistant. Our software is designed specifically for companies operating in Southeast Europe
Common questions about IFRS 16 and our software
IFRS 16 (International Financial Reporting Standard 16) is the global accounting standard for leases, effective since January 1, 2019. It fundamentally changed how companies account for leases by requiring lessees to recognize most leases on their balance sheet.
In the Adria region, IFRS 16 is also known as MSFI 16 (Serbia, Croatia, Bosnia) or MSFI 16. The standard is mandatory for listed companies in EU member states (Slovenia, Croatia) and has been adopted by other countries in the region.
Key elements include:
Our IFRS 16 software automates the entire lease accounting process:
Lease liabilities are calculated as the present value of future lease payments, discounted at the interest rate implicit in the contract or at the incremental borrowing interest rate.
Our software automatically:
Our software is designed specifically for the Adria region and supports:
Exchange rate management is built-in with automatic currency conversion.
Lease liabilities are calculated as the present value of future lease payments, discounted at the interest rate implicit in the contract or at the incremental borrowing interest rate.
Our software automatically:
Join companies across the Adria region who trust our software for their lease accounting needs.
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