Beginner
Compilation engagement: client representation and disclosure decisions
Drafts a compilation checklist including client representations, disclosure elections, and report drafting guidance. Useful for small-firm compilation engagements.
Create a compilation engagement checklist and report drafting guide.
Inputs:
- Financial statement framework: {framework}
- Intended users: {intended_users}
- Disclosure election (full/omitted): {disclosure_election}
- Known departures or uncertainties: {known_departures}
Output:
1) Checklist: acceptance, independence, engagement letter items, documentation.
2) Representation letter points (tailored to framework and disclosures).
3) Draft compilation report template with placeholders.
4) Red flags requiring consultation (going concern, related parties, unusual transactions).
Use a clear, practitioner-oriented format.Related Prompts
Auditing & Assurance
IntermediateAudit planning memo: scope, materiality, and timeline
Drafts an audit planning memo with scope, key risks, materiality, and a fieldwork timeline. Built for audit seniors/managers who need a review-ready planning document quickly.
GPT-5.2 Thinking; GPT-4.1; o3-mini
1
2
6
Auditing & Assurance
IntermediateOperating Leverage & Risk Assessment
Measures how a percentage change in sales affects operating income.
GPT-4oClaude 3.5 Sonnet
0
0
4
Auditing & Assurance
IntermediateAudit finding memo: condition, criteria, cause, effect, recommendation
Drafts a clear audit finding memo using the 5C format and proposes remediation. Useful for internal audit and external audit communications.
GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
6