Managed IFRS 16 compliance, without the people risk

LOIS Managed Services pairs the LOIS lease accounting platform with CA-qualified lease-accounting specialists. They maintain your portfolio and process changes under IFRS 16, AASB 16, FRS 102 and ASC 842. Your finance team keeps oversight and approvals.

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Can lease accounting compliance be outsourced?

Yes, in part. A managed service takes on the specialist workload of maintaining lease data, processing modifications and producing outputs. Your finance team stays responsible for reporting and approvals. LOIS Managed Services puts CA-qualified specialists on the LOIS platform to carry that recurring work.

LOIS Managed Services covers IFRS 16, AASB 16, FRS 102 Section 20 and FASB ASC 842.

See the full Managed Service scope
LOIS CA-qualified accountants supporting a corporate finance team

Does lease software alone remove the workload?

No. Software calculates, but someone still has to run it, check it and explain it. LOIS Managed Services carries that specialist work, so it doesn't sit with one person in your team.

LOIS lease accounting expert presenting to a finance team
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Accounting treatment

Someone has to know how IFRS 16 applies to each lease and each change.

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Portfolio upkeep

New leases, extensions and terminations need entering and checking every period.

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CPI and modifications

Each change triggers a remeasurement, and an unusual one needs a specialist's eye.

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Key-person dependency

When one colleague holds the knowledge, their leave becomes your audit risk.

What does LOIS Managed Services add to the platform?

Customer managed Managed service
Centralise and maintain complete, accurate lease data in one controlled platformIncludedIncluded
Fully automated IFRS 16, AASB 16, FRS 102 and ASC 842 calculationsIncludedIncluded
Generate audit-ready journals and post directly to your general ledgerIncludedIncluded
Maintain a complete audit trail with supporting compliance documentationIncludedIncluded
Access responsive helpdesk support and practical training resourcesIncludedIncluded
LOIS experts validate all lease data and proactively identify discrepanciesNot includedIncluded
Expert review of all related accounting standard calculations for complete confidenceNot includedIncluded
Journals prepared and delivered by LOIS experts, ready for postingNot includedIncluded
Monthly audit-ready reporting packs prepared for finance and auditorsNot includedIncluded
Dedicated LOIS expert providing proactive guidance and ongoing supportNot includedIncluded

What does LOIS Managed Services add to the platform?

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    Customer managed

  • LOIS-logo-25_R-PCH-1
    Managed service

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Customer managed

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Managed service

Centralise and maintain complete, accurate lease data in one controlled platform

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Fully automated IFRS 16, AASB 16, FRS 102 and ASC 842 calculations

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Generate audit-ready journals and post directly to your general ledger

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Maintain a complete audit trail with supporting compliance documentation

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Access responsive helpdesk support and practical training resources

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LOIS experts validate all lease data and proactively identify discrepancies

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Expert review of all related accounting standard calculations for complete confidence

  

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Journals prepared and delivered by LOIS experts, ready for posting

  

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Monthly audit-ready reporting packs prepared for finance and auditors

  

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Dedicated LOIS expert providing proactive guidance and ongoing support

  

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How does LOIS Managed Services work each month?

Each month a reconciled pack lands with journals mapped to your general ledger and an audit trail behind every figure. Four steps on the LOIS IFRS 16 platform get it there, with GL integration for posting.

Upload lease data to LOIS

Step 1: Centralise your lease data

Upload or integrate lease data into LOIS. The approval workflow alerts your LOIS expert team, and they take it from there.

Expert validation of lease data

Step 2: Expert validation and processing

CA-qualified LOIS specialists review and validate your data, then run the IFRS 16, AASB 16, FRS 102 or ASC 842 calculations.

Audit-ready reporting prepared

Step 3: Reporting prepared

Journals, amortisation schedules and disclosures are produced and checked so they're ready for your auditors.

Outputs delivered ready for posting

Step 4: Delivered ready for posting

Reconciled outputs arrive for your general ledger and reporting pack. Your finance team reviews and approves.

Customer story

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How did JUCY get IFRS 16 expertise without building it in-house?

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What was the challenge?

IFRS 16 is an ongoing requirement. New leases need adding, modifications processing and outputs validating. JUCY wanted confidence that all of it was handled properly, but building and keeping specialist lease-accounting expertise didn't make commercial sense.

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Why did JUCY choose LOIS?

Software still leaves someone to operate it and check the outputs. Rather than add another finance system to learn and administer, JUCY chose the LOIS IFRS 16 platform together with lease-accounting professionals who support the ongoing management of its portfolio.

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What changed for JUCY's finance team?

Finance kept ownership and oversight of reporting. JUCY gained specialist expertise without developing it internally, less recurring work maintaining leases and processing changes, reduced key-person risk, and extra capability as requirements change, without permanent headcount.

JUCY: IFRS 16 expertise without building it internally

JUCY, the New Zealand-founded campervan and motorhome rental business, uses LOIS Managed Services for ongoing IFRS 16 lease accounting. IFRS 16 stays a controlled finance process without becoming an internal specialisation, and its finance team keeps oversight and control of reporting.

"IFRS 16 is something we need to get right, but it did not make sense for us to build specialist lease-accounting capability internally. With LOIS Managed Services, we have the system and expertise available when we need it, while our finance team can stay focused on the wider business." Matt Veal - JUCY Financial Controller

Keep IFRS 16 under control without making it someone's second job.

See which recurring IFRS 16 work LOIS Managed Services would take off your team.

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Frequently asked questions about IFRS 16 Managed Services

What is an IFRS 16 managed service?

An IFRS 16 managed service pairs lease-accounting software with specialists who run the recurring accounting and reporting. LOIS Managed Services combines the LOIS platform with CA-qualified specialists, so your finance team gets audit-ready outputs without building the expertise internally.

Does outsourcing IFRS 16 mean finance loses control?

No. Your finance team keeps ownership, review and approval of its financial reporting, with full system access and approval authority at all times. LOIS Managed Services supports the specialist workload, and a complete audit trail records every lease event and remeasurement.

What work can LOIS Managed Services support?

LOIS Managed Services can support portfolio maintenance, new leases and changes, modifications, recurring calculations and reporting support. LOIS specialists validate lease data, review calculations, prepare journals and deliver monthly audit-ready reporting packs. The exact operating model is agreed with you.

When does a managed service make sense?

A managed service makes sense when IFRS 16 matters but you don't want scarce finance resource tied up in specialist administration or key-person dependency. LOIS is built for portfolios from 30 to 10,000+ leases, so the service scales without permanent headcount. Compare the models in our AASB 16 guide and FRS 102 guide.

Why use LOIS rather than a general outsourcing provider?

LOIS Managed Services keeps technology and specialists in one place. The purpose-built LOIS IFRS 16 platform runs the calculations, controls and audit trail, and CA-qualified specialists operate it, so you don't coordinate a software vendor and a separate service provider.

Which accounting standards does LOIS Managed Services cover?

LOIS Managed Services covers IFRS 16, AASB 16 (Australia and New Zealand), FRS 102 Section 20 (UK and Ireland) and FASB ASC 842. One team handles whichever framework applies, including organisations that report under more than one standard. Read how LOIS supports FRS 102 lease accounting.