Which accounting standards does it support?

The skill primarily focuses on US GAAP (ASC 210, 220, and 230) but also provides context for IFRS (IAS 1 and 7) presentation requirements.

Does this skill provide actual financial advice?

No, this skill is a workflow assistant that provides templates and structural guidance for financial reporting. All generated statements should be reviewed by qualified financial professionals before use.

Can it perform variance analysis?

Yes, it includes a comprehensive flux analysis methodology to decompose variances into volume, rate, mix, and timing effects for deeper business insights.

What cash flow methods are supported?

It focuses on the indirect method, the standard approach for US companies, which reconciles net income to net cash from operating activities through non-cash adjustments.

Financial Statements & Analysis

Name: Financial Statements & Analysis
Author: lilbom32

bylilbom32

0•

Ciencia de Datos y ML

Generates GAAP-compliant income statements, balance sheets, and cash flow statements with automated flux analysis and variance commentary.

This skill streamlines financial reporting by providing standardized templates and professional guidance for GAAP-compliant (ASC 210/220/230) financial statements. It enables Claude to assist with complex accounting workflows, including period-over-period comparisons, flux analysis, and expense classification by function or nature. Whether you are preparing for an earnings release, conducting internal P&L reviews, or managing period-end adjustments, this tool provides the structural framework and methodology needed for professional-grade financial documentation and reporting.

Características Principales

01GAAP-compliant templates for Income Statements, Balance Sheets, and Cash Flows

02Standardized period-end adjustment workflows for accruals and FX revaluation

03Automated Flux Analysis methodology for variance decomposition

04Support for indirect method cash flow preparation and non-cash adjustments

05Guidance on ASC and IFRS presentation requirements and reclassifications

060 GitHub stars

Casos de Uso

01Preparing monthly or quarterly P&L reports with detailed variance commentary

02Ensuring financial statement presentations align with US GAAP and ASC standards

03Conducting flux analysis to identify business drivers behind financial statement changes

Características Principales

01GAAP-compliant templates for Income Statements, Balance Sheets, and Cash Flows

02Standardized period-end adjustment workflows for accruals and FX revaluation

03Automated Flux Analysis methodology for variance decomposition

04Support for indirect method cash flow preparation and non-cash adjustments

05Guidance on ASC and IFRS presentation requirements and reclassifications

060 GitHub stars

Casos de Uso

01Preparing monthly or quarterly P&L reports with detailed variance commentary

02Ensuring financial statement presentations align with US GAAP and ASC standards

03Conducting flux analysis to identify business drivers behind financial statement changes