IFRS 16 Leases Asset Finance Leasing Software AASB 16

IFRS 16 Accounting solution - A comparison

By Stefan Iggo May 5, 2020 12:07:13 PM

In 2019 PWC conducted a Global IFRS 16 post implementation survey which "sought to understand how IFRS 16 implementations progressed and where challenges continue to reside post-transition". 

The survey accounted for the following considerations;

  • Was the transition easier than expected?
  • Does compliance still raise challenges?
  • Have unforeseen benefits been realised or promised spin-offs failed to materialise?
  • Have the effects been understood by, and communicated to, all interested parties?

You can read more about PWC's survey in our recent blog. Quadrent conducted a comparative survey to highlight the results of implementation for the customers now using our Lease accounting solution LOIS. 

We're proud to reveal the results; 

2012 LOIS infographic v2

 Get in touch to discover how Quadrent and its world-leading lease accounting solution LOIS can help you achieve the obtainable benefits of IFRS 16 or AASB 16.

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