IFRS 16 Simplified | Expert-Led Lease Compliance Solutions

The new IFRS 16 standard fundamentally changed how organisations accounted for leases, requiring all property and equipment leases to be recognised on the balance sheet as a ‘right-of-use’ asset and lease liability.

Recognising the complexity and compliance challenges this would bring, Quadrent launched LOIS in Australia and New Zealand, a purpose-built lease accounting solution designed to make the transition to IFRS 16 simple.

From the outset, LOIS has focused on removing manual processes, reducing errors, and delivering full compliance. Automating IFRS 16, AASB 16, IAS 17, and ASC 842 lease requirements, LOIS provides finance and property teams with one central, audit-ready system. Supported by CA-qualified leasing accountants, LOIS goes beyond compliance to deliver portfolio analytics and an integrated GL system, giving organisations both clarity and control over their lease data.

As the regulatory landscape has evolved, so too has LOIS.

2017

LOIS was created in response to the International Accounting Standards Board's introduction to IFRS16.

2019

IFRS16 came into effect.

2023

LOIS expanded into emerging markets across Africa and the Middle East.

2024

We grew our development capability and introduced specialised Property and Fleet modules, addressing the two biggest asset classes for IFRS 16 (property by value, fleet by volume), to bring finance and property teams closer together.

2025

LOIS became a standalone company, enabling a sharper focus on product innovation and customer success while retaining the same trusted leadership team and CA-qualified expertise.

Today

LOIS is trusted by leading organisations across Australia, New Zealand, and beyond. Our mission remains the same: to simplify lease accounting, streamline compliance, and empower organisations to make smarter financial decisions.