How to prepare for an IFRS 16 lease accounting audit: a complete checklist
Preparing for an IFRS 16 audit? This complete checklist covers what auditors look for, the most common deficiencies, and how to build an audit-ready...

Assets under management
Leases in flight
Active currrencies






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Automate complex IFRS 16 calculations for income statements, cash flow, and balance sheets.
Every modification is tracked with a full audit trail and accurate amortisation and depreciation schedules.
LOIS eliminates manual formulas, version control issues, and rework.
A fully autonomous general ledger with automated reconciliations at period close.
Automate complex IFRS 16 calculations for income statements, cash flow, and balance sheets.
Every modification is tracked with a full audit trail and accurate amortisation and depreciation schedules.
LOIS eliminates manual formulas, version control issues, and rework.
A fully autonomous general ledger with automated reconciliations at period close.
Automatic reminders for rent reviews, expiries, and new lease events.
One source of truth across finance and property, no more spreadsheets or silos.
Group leases and outgoings into a single site view, with cost comparisons by SQM.
Workflow means property teams manage events while finance ensures compliance and reporting integrity.
Automatic reminders for rent reviews, expiries, and new lease events.
One source of truth across finance and property, no more spreadsheets or silos.
Group leases and outgoings into a single site view, with cost comparisons by SQM.
Workflow means property teams manage events while finance ensures compliance and reporting integrity.
LOIS scales to fit organisations of every size.
Whether you’re a multinational or a mid-sized organisation, LOIS delivers the same accuracy, efficiency, and control.
LOIS eliminates manual calculations and human error. It’s fast to implement, easy to use, and saves time and money by doing the heavy lifting for you. Companies worldwide rely on LOIS to:
Our LOIS consultants are CA-qualified accountants. That means LOIS is built on a foundation of real lease accounting expertise, ensuring compliance, accuracy, and advice that goes beyond the system itself.
Backed by years of leasing experience, LOIS is a platform designed by people who truly understand leasing. That’s why some of the world's largest companies trust LOIS to deliver automated, controlled, and audit-ready lease accounting.
Compare the results of your NPV workings for your most complex lease against what our LOIS lease accounting solution would automatically calculate.
Is Excel truly free? Have a go with our Excel cost calculator to work out the true cost of your IFRS 16 compliance.
Make the case for change and get the investment signed off by your senior decision-makers using our editable business case template.
Preparing for an IFRS 16 audit? This complete checklist covers what auditors look for, the most common deficiencies, and how to build an audit-ready...
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A lease accounting managed service handles your entire IFRS 16, AASB 16, or FRS 102 process each month - expert validation, calculations, journals,...