Case Study: Deloitte achieves up to 30% faster IFRS 16 lease accounting reviews with Litera Kira

Deloitte Harnesses the Power of Kira for Lease Accounting Contract Review

Deloitte, a global audit, consulting, tax and advisory firm serving 80% of the Fortune 500, faced a large-scale compliance challenge to review high volumes of leases for the new IFRS 16 lease accounting standard. To accelerate and improve accuracy of contract review, Deloitte adopted Litera Kira’s machine‑learning contract review software, Kira, and has scaled the tool across its teams—amassing over 5,000 Kira users worldwide.

Using Litera Kira, Deloitte built an end-to-end IFRS 16 workflow that combined Kira’s built-in models and the Quick Study training tool to extract 40+ data points from large lease populations (for example, ~2,500 leases across Canada and the U.S.), export client-ready Excel reports and risk assessments, and populate contract management systems like Deloitte’s dTrax—cutting lease-review time by up to 30% versus manual review and delivering clear cost and efficiency gains.

Deloitte

Andrea Taylor

Partner