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MMG sign with LOIS for their IFRS compliance

By May 2, 2019 June 14th, 2021 No Comments

Quadrent, an Australasian leasing and consulting firm with nearly 20 years’ experience, is excited to announce that MMG Limited, a global resources company, has chosen LOIS as the solution for transitioning to the new leasing standard IFRS 16.

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MMG were looking for a full IFRS 16 compliance solution across a material leasing portfolio. In addition to compliance, LOIS also provides a simple, easy to use and intuitive SaaS tool that can support the transition to the requirements of the new standard across a diverse portfolio in a timely manner.

With Quadrent’s core leasing knowledge and the LOIS team’s accounting background we are able to leverage the functionality of the LOIS lease accounting platform for a varied portfolio in order to quickly deliver a full service solution for the IFRS 16 changes.

Find out more about LOIS here.