Advanced

Revenue Recognition: Principal vs. Agent

Analyzes control to determine if revenue should be recorded Gross or Net.

Apply the ASC 606 guidance on 'Principal vs. Agent' considerations to the following transaction: {transaction_details}. Analyze who controls the good or service before it is transferred to the customer. Consider: 1. Primary responsibility, 2. Inventory risk, and 3. Discretion in establishing prices. Conclude on Gross vs. Net reporting.

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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 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.

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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.

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