Intermediate

Asset Retirement Obligations (ARO) Initial Measurement

Calculates the present value of future decommissioning costs under ASC 410-20.

Calculate the initial Asset Retirement Obligation (ARO) for the {asset_name}. Estimated future cost to retire: {future_cost}. Expected retirement date: {date}. Using a Credit-Adjusted Risk-Free Rate of {rate}%, calculate the PV and draft the journal entry to record the ARO and the corresponding increase in the asset's carrying value.

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Financial Accounting
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Month-End Close Checklist Generator

Generates a comprehensive month-end close checklist tailored to your company type and size.

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Financial Accounting
Advanced

ASC 606 contract intake: performance obligations & allocation

Analyzes a customer contract under ASC 606/IFRS 15: identifies performance obligations, determines transaction price, and allocates consideration. Produces a concise memo and a revenue schedule outline.

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Financial Accounting
Advanced

IFRS 15 variable consideration constraint assessment

Evaluates variable consideration and the constraint, documenting probability-weighted outcomes and recognition impacts. Helps controllers defend judgments and build consistent templates across contracts.

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