FRS 102 Section 20 for UK and Irish construction companies
FRS 102 Section 20 applies to a wider range of assets in construction than most sectors: plant hire, site accommodation, fleet, and head office...

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 any lease portfolio, from 30 leases to more than 10,000, across asset types ranging from employee equipment to property worth over AUD 1 billion. The same platform, the same calculations, and the same audit trail serve a mid-market business with 80 leases as reliably as a listed group managing thousands.
LOIS eliminates manual lease calculations across every reporting cycle, cutting the risk of human error in income statements, cash flows, and balance sheets. Finance teams at organisations across Australia, New Zealand, the UK, and Ireland rely on it to close the month faster and stand up to auditor scrutiny.
LOIS is built and supported by CA-qualified lease accountants, not just software engineers. Every calculation the platform runs reflects real-world compliance knowledge: the edge cases that surface during audits, the modification structures that trip up spreadsheets, and the year-end disclosures that need to be bulletproof.
Backed by years of hands-on leasing experience, LOIS is a platform designed by people who understand what an auditor actually looks for. That's why some of the world's largest organisations trust LOIS to deliver automated, controlled, and audit-ready lease accounting, month after month.
LOIS supports IFRS 16, AASB 16, FRS 102 Section 20, and FASB ASC 842. It automates compliance calculations for each standard, producing the required disclosures, schedules, and journal entries for financial reporting in Australia, New Zealand, the UK, Ireland, and the United States.
LOIS typically takes weeks to implement, not months. Standardised upload templates and pre-configured workflows let most organisations migrate from spreadsheets or a legacy system, begin producing compliant outputs from day one, and avoid a lengthy implementation project entirely.
LOIS manages property leases, vehicle and fleet leases, equipment leases, and mixed portfolios containing all three asset types. It handles assets from employee laptops through to property portfolios exceeding AUD 1 billion in value, accommodating both simple and highly complex lease structures.
LOIS serves organisations in Australia, New Zealand, the UK, and Ireland. It's purpose-built for the accounting standards and regulatory environments of those markets, with CA-qualified support teams who understand local compliance requirements, audit expectations, and the nuances of each jurisdiction.
LOIS is built by CA-qualified lease accountants, which means the platform's logic reflects how auditors actually test compliance. It uniquely combines lease accounting, property management, and fleet management in a single system, eliminating the data silos and manual handoffs that drive errors in month-end close.
LOIS is purpose-built for complex lease portfolios, currently managing over 36,900 leases representing more than AUD 55.8 billion in assets under management across 58 currencies. It handles bulk data imports, automated reconciliations, and GL integration at scale, with a full audit trail behind every modification.
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.
FRS 102 Section 20 applies to a wider range of assets in construction than most sectors: plant hire, site accommodation, fleet, and head office...
Under IFRS 16 and AASB 16, CPI rent increases require a lease liability remeasurement, but only when new payments take effect. A plain-English guide...
Australian and New Zealand auditors examining IFRS 16 and AASB 16 compliance consistently focus on six areas: lease completeness, modification...