Intermediate

Business combination accounting: step-by-step closing checklist

Creates a checklist for business combination accounting including identification, measurement, and disclosures. Useful for post-acquisition close and audit coordination.

Create a business combination accounting checklist for acquisition of {target_name}.

Inputs:
- Deal structure and date: {deal_structure_date}
- Consideration details: {consideration}
- Preliminary PPA outputs (if any): {ppa_outputs}
- Integration systems and close timeline: {integration_timeline}
- Contingent consideration/earnouts: {earnouts}

Output:
1) Step-by-step checklist: initial recognition, measurement period items, disclosures.
2) Workpaper list and evidence requirements.
3) Journal entry list (acquisition accounting, goodwill, deferred taxes if provided).
4) Risks and questions for valuation/tax specialists.

Make it close-ready and practical.

Related Prompts

Technical Research
Intermediate

Literature comparison: GAAP vs IFRS treatment summary

Creates a side-by-side summary of GAAP vs IFRS differences for a given topic, including practical implications. Useful for multinational reporting and policy alignment.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2
Technical Research
Advanced

Disclosure requirement finder: what to disclose and where

Identifies required disclosures for a topic and maps them to footnote sections and data sources. Useful for reporting teams and technical accountants.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2
Technical Research
Intermediate

Audit response memo: defend accounting position to auditors

Drafts a concise response to auditor questions with evidence mapping and professional tone. Useful for controllers responding to audit queries efficiently.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2