Beginner
Lease Classification Tool (ASC 842)
Determines if a lease is Operating or Finance based on the five classification criteria. Essential for real estate and equipment accounting.
Perform a lease classification analysis under ASC 842 for the following asset: {asset_description}. Terms: Lease term is {term_years} years, useful life is {useful_life} years, PV of lease payments is {pv_payments}, and Fair Value is {fair_value}. Determine if it is an Operating or Finance lease by testing the five criteria (Transfer of ownership, Purchase option, Term vs Life, PV vs FV, Specialized nature).Related Prompts
Financial Accounting
BeginnerMonth-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
66
Financial Accounting
AdvancedImpairment indicator screen and impairment test outline
Screens for impairment indicators and outlines an impairment test approach with documentation steps. Useful for controllers and advisors supporting annual impairment reviews.
GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
39
Financial Accounting
BeginnerVendor statement reconciliation and duplicate payment scan
Reconciles vendor statements to AP subledger and identifies duplicates/credits. Produces a clear recon with recovery actions for AP and treasury.
GPT-5.2 Thinking; GPT-4.1; o3-mini
0
1
54