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IFRS 16 Leases Asset Finance New Accounting Standard AASB 16

IFRS 16 implementation - how well has it gone?

Carolyn Monk on Apr 2, 2020 11:25:27 AM

As we ramp into 2020, let’s take a look at what IFRS 16 has meant to you and other businesses.

Leasing during times of economic volatility

Carolyn Monk on Mar 24, 2020 5:34:05 PM

With the volatility created by the COVID-19 pandemic, all businesses are focused on supporting the health and wellbeing of their staff, maintaining stability, and keeping their business financially viable to work through this period of uncertainty.

IFRS 16 Asset Finance New Accounting Standard AASB 16

Spreadsheets Vs. Software – evaluating the best approach for IFRS 16

Carolyn Monk on Jan 30, 2020 10:39:06 AM

It is often our experience that C level executives consider IFRS 16 / AASB 16 solely a compliance exercise and as such approach the new standard with a certain reluctance to investing in new systems. Additionally, the complexities associated with IFRS 16 are often overlooked until departments are in the depths of rolling out new business as usual (BAU) practices covering the new standard.

Leases Asset Finance lending

Non- Traditional Lending

Carolyn Monk on Jan 23, 2020 9:55:13 AM

There are many reasons why organisations may choose to lease equipment rather than purchasing outright (using capex).

One of the key reasons is to open up funder diversification (funding flexibility) and simplify the lending process. This blog discusses ways that businesses can tackle their finance needs beyond just a traditional bank lending model.

IFRS 16 Asset Finance LOIS Quadrent LOISlite

Quadrent launches LOISlite

Carolyn Monk on Sep 25, 2019 8:39:41 AM

As the only equipment financier in Australasia assisting clients with IFRS 16 accounting compliance and offering the industry leading lease accounting software solution LOIS, Quadrent is now uniquely positioned and excited to launch LOISlite!

Leases Asset Leasing Asset Finance Quadrent

Spreadsheets are great…just not for IFRS 16!

Damon Kennedy on Jul 15, 2019 10:39:24 AM

In the world of accounting, a spreadsheet is like a family member – something to rely on, something to trust, something to cuddle…well two out of three isn’t bad. Spreadsheets are a fundamental part of our accounting environment, but.....

Leases Asset Leasing Asset Finance Quadrent

Leasing - Why would you own it?

Paula Macris on Jul 4, 2019 6:27:35 AM

We often get asked - why would we lease? Especially from large Corporates who argue cheap debt is one their perks. The answer may surprise you.

Asset Finance Quadrent Website

Quadrent has a new website!

Carolyn Monk on May 7, 2019 9:57:39 AM

Quadrent has been operating for almost two decades in Australasia, striving to become the regions most trusted corporate equipment financier.

In the last year we have achieved a number of significant milestones with the expansion of the Australian business, the establishment of strategic partnerships across ANZ and the appointment of key personnel to support the growth of the Quadrent Group moving forward.

Leases Asset Leasing Asset Finance LOIS Leasing Software Quadrent New Accounting Standard

Meet LOIS at the 2018 CPA Congress

Paula Macris on Sep 27, 2018 8:06:34 AM

LOIS and Quadrent are an official Keynote Sponsor at the CPA Congress this October in Auckland and Melbourne.

Asset Leasing Asset Finance Leasing Software New Accounting Standard

Over 100 Leases - You need a system

Thelma Welgemoed on Aug 23, 2018 1:16:32 PM

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.

Asset Leasing Asset Finance Leasing Software New Accounting Standard