It’s the third annual Quadrent Charity Golf Day and a chance to get together to spend the day on the course for a great cause. Quadrent and partners welcome you to join the team in support of KidsCan, a charity worthy of all our support.
After an extensive RFP process, Quadrent are pleased to announce that QBE have signed with Quadrent and will be utilising the LOIS SaaS solution for lease management and lease accounting.
Quadrent, an Australasian leasing and consulting firm with nearly 20 years’ experience, is excited to announce that Goodman Fielder, a leading regional food company across Asia Pacific, has chosen LOIS as the solution for transitioning to the new leasing standard IFRS16.
Quadrent, providers of the LOIS SaaS lease accounting platform, are pleased to announce that Australia’s largest construction materials supplier Boral has signed with the LOIS solution for the transition to the IFRS16 accounting standard for its Australian operations.
If you have over 100 leases the experts are saying that you will need a leasing system for compliance to IFRS when transitioning to IFRS 16. The complexities involved in data collection and reporting are too complex to be done in Excel.
Will the change in accounting under IFRS 16 change the way management view the decision to lease or buy and is there any value in still leasing assets?
Quadrent is pleased that another existing customer is taking up the LOIS solution and looks forward to providing its leasing insights to Freightways’ as part of the LOIS onboarding experience.
In June 2018 the FMA issued a report “Improving financial statements”. This was a follow up on the December 2014 Report: Quality Financial Reporting – How to Improve Financial Statements. The level of change in financial statement of the NZX50 varied substantially. Entities considered focusing content on what was most important, changing the layout to improve clarity and removing irrelevant information. For the full report click here.
Is the thought of another new standard upgrade starting to do your head in? You’ve just barely got through IFRS 15 and now you’re having to think IFRS 16: Leases too?