Advanced

IFRS 9 Expected Credit Loss (ECL) Model

Explains the three-stage impairment model for financial instruments.

Explain the application of the IFRS 9 'Expected Credit Loss' model for {company_name}'s trade receivables. Detail the difference between the 'Simplified Approach' and the 'General Approach.' Provide a template for a 'Provision Matrix' based on historical loss rates and forward-looking macroeconomic adjustments for {region}.

Related Prompts

Financial Accounting
Beginner

Month-End Close Checklist Generator

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

ChatGPT-4oClaude Sonnet 4.5Gemini 2.5 Pro
1
1
6
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.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
3
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.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
4