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Marlin Brands take on IFRS 16 with LOIS lease accounting solution

By May 21, 2019 June 14th, 2021 No Comments

Quadrent, an Australasian leasing and consulting firm with nearly 20 years’ experience, is excited to announce that Marlin Brands, Australia’s leading portfolio of consumer durable brands focused on the living, gifting and convenience sectors, has chosen LOIS as the solution for transitioning to the new leasing standard IFRS 16.

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Marlin Brands were looking for a full IFRS 16 compliance solution, but 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 differentiated portfolio of entities.

With Quadrent’s core leasing knowledge and the accounting background of the LOIS team, 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.

Find out more about LOIS here.