Intermediate

Oil & Gas: Depletion (Units-of-Production)

Calculates the amortization of natural resources based on extraction volume.

Calculate the depletion expense for a natural gas well. Total Acquisition & Development Cost: {total_cost}. Estimated Total Recoverable Reserves: {total_reserves} MCF. Units extracted this period: {units_extracted} MCF. Provide the journal entry and explain the impact of a {revision_amount} MCF downward revision in reserves.

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Month-End Close Checklist Generator

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

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ASC 606 Five-Step Compliance Checker

Analyzes a described revenue arrangement against each of the 5 steps of ASC 606. Flags potential issues and recommends documentation.

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IFRS 16 lease modification analysis and remeasurement

Evaluates lease modifications under IFRS 16 and computes remeasurement impacts, including updated discount rate logic. Helpful for complex real estate and equipment portfolios.

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