Advanced

Real estate sale/leaseback screening (ASC 842/IFRS 16)

Screens a real estate transaction for sale/leaseback accounting and identifies required data for recognition and measurement. Useful for corporate real estate and technical accounting.

Analyze the real estate transaction for sale/leaseback accounting under {standard}.

Inputs:
- Transaction summary (sale terms, lease terms): {transaction_terms}
- Control transfer indicators: {control_transfer}
- Repurchase options/continuing involvement: {continuing_involvement}
- Lease payment schedule and term: {lease_payments_term}
- Fair value evidence: {fair_value_evidence}

Output:
1) Sale assessment conclusion drivers and open questions.
2) If sale: accounting entries outline and gain/loss considerations.
3) If not a sale: financing accounting outline.
4) Disclosure checklist and evidence list.

Do not finalize without necessary facts—flag uncertainties.

Related Prompts

Industry-Specific
Advanced

Construction WIP schedule: percent complete and billings

Builds a construction Work-in-Progress (WIP) schedule including percent complete, revenue recognized, billings, and under/over billings. Useful for contractors and auditors.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2
Industry-Specific
Intermediate

Construction retainage reconciliation and aging action plan

Reconciles retainage receivable/payable, flags aged items, and proposes collection/settlement actions. Useful for improving cash flow and close accuracy.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2
Industry-Specific
Intermediate

Real estate development cost capitalization tracker

Creates a tracker for development costs, capitalization rules, and allocation to projects/units. Useful for developers and real estate accountants managing multi-project portfolios.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2