Audit teams

Technical accounting research for audit teams

GAAP IQ is a preparer-side tool, and that is exactly why it is useful in review: verify a client's cited treatment, see where the Big 4 handbooks split, and recompute the schedule independently, with arithmetic that foots to the penny.

POSITION CHECK
CLAIM
The client's memo cites the handbook for a replacement-award split
CHECK
The citation opens at the exact page, supporting text highlighted
SPLIT
Where the firms read the area differently, positions appear side by side
Schedule recomputedFoots to the penny, every row
Citations verified against source text before display
The framing

A preparer-side tool, read from the other side

GAAP IQ exists to build and document accounting positions. That is what makes it useful in review: the same engines that produce a cited memo can check one. It does not replace audit procedures or professional judgment, and it never claims to.

Verify a cited treatment quickly

Ask the question the client's memo answers. An orchestrator plans the research, parallel agents sweep 27 Big 4 handbooks plus FASB and SEC sources, and a verifier checks every citation against its source text before you see the answer.

See how the firms read the judgment area

When KPMG, EY, PwC, and Deloitte diverge, the answer shows the positions side by side instead of an average that exists nowhere. Useful when the client's position leans on one firm's reading.

Recompute the schedule independently

Describe the lease, debt, or SBC arrangement in plain words. A deterministic engine computes every number: recomputing any row gets the same cents, and final periods carry a rounding plug so balances land at exactly zero, or par.

Benchmark the disclosure language

FilingsIQ searches EDGAR full text across filings since 2001, builds peer cohorts by SIC industry, and extracts footnotes at inline-XBRL boundaries, with citations that link back into the filings.

INDEPENDENT RECOMPUTE
01
Describe
The arrangement in plain words; every assumption surfaced to confirm
02
Engine
Every row computed on rounded balances, no model-generated figures
03
Result
Foots to the penny, rounding plug lands the balance at zero, Excel export
Basis note: the methodology is cited to the governing guidance with pills like KPMG §6.3 EY 4.2, run through the same citation verifier.
The toolkit

Three tools audit teams reach for

Every plan includes all seven tools at full quality (TaxIQ in beta). These three carry the checking work.

The preparer side of the platform is covered too: MemoIQ parses an auditor's Word comments and tracked changes back into the memo, so the response copy you receive carries the client's edits as redlines, and DisclosureIQ drafts footnotes with a requirement-by-requirement coverage checklist. TaxIQ (beta) cites conclusions to the exact IRC section and Treasury Regulation.

The boundaries

What GAAP IQ does not do

A checking tool is only useful if its limits are stated plainly. These are stated everywhere the product speaks.

No substitute for procedures

Output is a research starting point, not professional advice, and never a replacement for audit procedures or professional judgment. It compresses the searching so review time goes to the judgment.

Nothing taken on faith

Every conclusion carries clickable citations so a qualified professional can verify it, and Word exports include numbered references with quoted sources so the work can be checked outside the app.

Never trained, never retained

Content is isolated to your account and never used to train AI models; uploads delete themselves after 24 hours. The full posture is on the trust page.

Curious how the preparer side works? See how private companies, public companies, and advisory firms build the positions you review. Worked fact patterns are in the guides, including profits interest units in a business combination. The full platform tour is on the AI technical accounting software page, and plans are on the pricing page.

FAQ

Common questions

Does GAAP IQ replace audit procedures?

No. GAAP IQ is a preparer-side tool that audit teams use to check positions faster: verify a cited treatment, see how the Big 4 handbooks read a judgment area, benchmark disclosure language, and recompute schedules. Its output is a research starting point, not professional advice, and it never substitutes for audit procedures or professional judgment.

How does verifying a client's cited treatment work?

Ask the question the client's memo answers. An orchestrator plans the research, parallel agents sweep 27 Big 4 handbooks plus FASB and SEC sources, and a verifier model checks every citation against its source text before the answer is shown. Each surviving claim carries a pill that opens the handbook at the exact page with the supporting text highlighted, and where the firms diverge, the positions appear side by side.

Can I recompute a client's schedule independently?

Yes. Describe the lease, debt, or share-based compensation arrangement in plain words: the AI extracts the inputs and surfaces every assumption for confirmation, and a deterministic engine computes every number. Rows are computed on rounded balances so the arithmetic foots exactly as displayed, and final periods carry a rounding plug so balances land at exactly zero, or par: recomputing any row gets the same cents. The workbook exports to Excel.

How does benchmarking disclosure language against peer filings work?

FilingsIQ searches EDGAR full text across filings since 2001, builds peer cohorts from SEC SIC industry classification, and extracts footnotes at exact inline-XBRL boundaries. Reported figures come straight from XBRL data rather than being read out of prose, and every answer carries numbered citations that link back into the filings on EDGAR.

Check the next position with the sources open

The free plan includes one full research session, cited and verified, plus two schedules to recompute. Bring a real position and click every pill yourself.

No credit card required