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Complex contract analysis: embedded derivatives and bifurcation screen

Screens a complex contract for embedded derivatives and outlines next steps and data needed. Useful for technical accounting and audit planning.

Screen the contract for embedded derivatives and required separation under {framework}.

Inputs:
- Contract summary or text: {contract_text}
- Payment terms and indices: {payment_terms}
- Settlement features: {settlement_features}
- Underlying exposures (rates, commodities, FX): {underlyings}
- Company’s typical risk management approach: {risk_management_context}

Output:
1) Embedded feature inventory (list each feature).
2) Screening conclusion (likely bifurcation? why/why not) with assumptions.
3) Data needed for valuation and accounting.
4) Suggested workpaper structure and controls.
5) Auditor communication points.

Do not provide definitive conclusions without sufficient facts—flag uncertainties.

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