PolicyIQ writes your accounting policy manual: a questionnaire pins your elections, the AI drafts each chapter with page-level citations, and approvals version the manual.
A generic accounting policy template restates the standard and leaves the decisions to you. PolicyIQ writes your policy: what you elected, the thresholds you set, and the procedures your team actually runs.
A short questionnaire settles the choices GAAP leaves open. Your answers become the entity's stated positions: elections made, thresholds set, methods chosen, who does what and when.
Where your profile cannot settle a choice, the draft still takes a position and marks it [Election] for reviewer confirmation. Nothing hides behind entities-may-elect language.
Each position is followed by page-level citations to the indexed KPMG and EY handbook guidance it rests on, so a reviewer can open the support behind the sentence they are reading.
Every chapter follows the same fixed practitioner structure. Your auditor knows exactly where the elections live and where the controls are written down.
What the policy covers and which entities and transactions it applies to.
The positions themselves: elections made, thresholds set, methods chosen.
Where GAAP offered a choice and what you chose, flagged [Election] until a reviewer confirms.
Who does what and when: the operating steps that make the policy real.
The ASC sections and handbook guidance each position rests on.
A policy manual is never done. PolicyIQ keeps the drafting, the edits, and the approvals in one place, so the version in force is always one click from its support.
Each approval pins a version. Revenue v3, approved sits next to Leases v6, draft, so you always know which text is in force and what is still under review.
Describe the edit in plain words: the change lands in the chapter, and the next approval versions it. No re-drafting from a blank page.
PolicyIQ writes competing drafts of each chapter from different angles and a judge picks the strongest, so the text you review is the best of several attempts, not the first one.
Positions are drafted from retrieved KPMG and EY handbook guidance in the same indexed corpus behind ResearchIQ, with page-level citations after each position.
PolicyIQ shares a workspace with the rest of GAAP IQ: research the position, document the judgment, then write it into policy. See how the platform fits together. Private companies formalizing GAAP ahead of a first audit and advisory teams drafting manuals for clients start from the same questionnaire.
No. A generic accounting policy template states the standard and leaves every decision open. PolicyIQ writes your policy: elections made, thresholds set, methods chosen, who does what and when. A questionnaire pins down your elections first, your entity profile tailors the positions, and where GAAP offers a choice the draft states a position marked [Election] for reviewer confirmation.
Every chapter follows a fixed practitioner structure: purpose and scope, policy, key judgments and elections, procedures and controls, and authoritative references. Each position is followed by page-level citations to the indexed handbook guidance, so a reviewer can open the support behind any sentence.
Choices you settle in the questionnaire are stated as the entity's positions, not hedged into both-ways language. Where your profile cannot settle a choice, the draft still takes a position and flags it [Election] so a reviewer confirms it before approval. The result reads like a policy, not a menu of options.
Approvals build a versioned manual: each approved chapter is pinned as a version, so Revenue v3, approved can sit alongside Leases v6, draft, and you always know which text is in force. To change a policy, type the edit in plain words and it applies in place; the next approval versions it.
The Free plan is $0 and includes one policy draft to try, along with one research session, one memo, one disclosure, and two schedules. Professional is $149 per month, or $1,490 per year (two months free), with unlimited policies, memos, disclosures, and schedules plus 20 research sessions each month. Enterprise is $399 per month, or $3,990 per year (two months free), with unlimited research sessions and priority support. No credit card is required to start.
No credit card required. The free plan includes one policy draft to try.
PolicyIQ drafts are a research starting point, not professional advice: every position carries citations so a qualified professional can verify it. See pricing for plans and trust & security for how confidential work is protected.