DisclosureIQ writes the note the way it would appear in the financial statements: scoped by clicks, modeled on peer 10-Ks, and checked against every disclosure requirement that applies.
One free disclosure draft on the free plan. No credit card required to start.
Pick the ASC topic and click through a short AI-generated questionnaire: three to five multiple-choice questions, every one answerable by clicking, never by typing. The answers decide which disclosure requirements apply before a word is drafted.
The questionnaire is generated for the ASC topic you picked: contract balances for revenue, maturity buckets for leases. Never a generic form.
Each answer switches disclosure requirements in or out of scope, so the draft covers what applies to your facts and skips what does not.
If you documented the transaction in MemoIQ, the footnote drafts from the memo's conclusions instead of asking you to restate them.
Documented the deal already? MemoIQ drafts the memo; DisclosureIQ turns its conclusions into the note.
DisclosureIQ pulls how up to three comparable public companies actually disclose the topic in their latest 10-Ks and distills the structural pattern the drafter models on. The note reads like the market writes it, filled with your facts.
Peer examples are extracted at inline-XBRL TextBlock boundaries where available: the whole note and nothing else, not a snippet a keyword search happened to match.
The drafter distills the structure your peers share: what opens the note, where the table sits, what gets quantified. Your numbers and terms stay yours.
The AI searches EDGAR itself for comparable public companies and pulls how up to three of them disclose the topic in their latest 10-Ks.
Want to benchmark beyond one note? FilingsIQ answers how the market discloses anything, across EDGAR filings since 2001. Built for public filers and for private companies writing public-quality notes.
Alongside the draft you get a requirement-by-requirement coverage checklist: every disclosure requirement marked met (fully drafted), partial (drafted, but an amount or detail is yours to supply), or not applicable, with a one-line reason.
Every disclosure element is grounded in retrieved handbook guidance on the -50 disclosure requirements, cited so a reviewer can check the basis.
The drafter writes competing drafts from different angles and a judge picks the strongest, so you review one good note, not three mediocre ones.
The draft reads the way it would appear in the financial statements: policy language up front, tables where tables belong, amounts marked where you supply them.
Disclosure requirements live in the -50 sections of each topic in the FASB Codification. The checklist works through them one by one, so review starts from what is covered, not from a hunt for what is not.
DisclosureIQ is one of seven tools on the GAAP IQ platform. Research the treatment, document the memo, benchmark the market's language, then draft the note: each step feeds the next.
Footnote drafts carry unreleased numbers and pre-decision positions. Your content is isolated to your account, encrypted at rest and in transit, and never used to train AI models; uploads delete themselves 24 hours later. More on the trust page, and on how the whole platform fits together in AI technical accounting software.
Footnote disclosure software drafts the notes to the financial statements against the applicable GAAP disclosure requirements. DisclosureIQ, the disclosure tool in GAAP IQ, scopes the note with a short click-only questionnaire, models the draft on how up to three comparable public companies disclose the topic in their latest 10-Ks, and returns the footnote with a requirement-by-requirement coverage checklist and citations to the underlying guidance.
You pick the ASC topic and answer a short AI-generated questionnaire: three to five topic-specific multiple-choice questions, every one answerable by clicking, never by typing. The answers decide which of the topic's -50 disclosure requirements apply, and the coverage checklist marks each one met, partial, or not applicable with a one-line reason.
From SEC EDGAR, which DisclosureIQ searches itself for comparable public companies. It pulls how up to three of them disclose the topic in their latest 10-Ks, using exact footnote boundaries from inline-XBRL TextBlocks where available, then distills the structural pattern those notes share and models your draft on it: your facts, their conventions.
The Free plan is $0 and includes one disclosure draft to try, plus one full research session, one memo, one policy, and two schedules. Professional is $149 per month, or $1,490 per year (two months free), with unlimited disclosures, memos, policies, and schedules. Enterprise is $399 per month, or $3,990 per year, with unlimited research sessions and priority support. No credit card is required to start.
Treat it as a research starting point, not professional advice. Every disclosure element carries a citation to the retrieved guidance, and the coverage checklist shows exactly which requirements still need an amount or a judgment from you, so a qualified professional can verify the note before it goes anywhere near a filing.
Plans and quotas are covered in the FAQ and on the pricing page. For the accounting underneath the notes, the guides walk ASC 606's five steps and sales commissions under ASC 340-40.