For public companies

Technical accounting for public companies

Your disclosures are read next to your peers', and the close never gets longer. GAAP IQ benchmarks what comparable companies actually filed, drafts the footnote against the requirements, and documents positions before the auditors ask.

Peer benchmarking

Know how the market discloses it before you file

Reviewers and investors read your footnote next to your peers'. FilingsIQ reads the actual filings, so the comparison is what companies filed, not what a summary remembers.

Peer cohorts from SEC classification

FilingsIQ builds the comparison set from SEC SIC industry classification and searches EDGAR full text across filings since 2001, so the cohort is the market's, not a hand-picked list.

Footnotes extracted at exact boundaries

Peer footnotes come out at inline-XBRL TextBlock boundaries: the whole note as filed, not a fragment scraped from prose.

Figures from XBRL, not from reading

Reported values like revenue, goodwill, lease liabilities, and debt are pulled straight from companies' XBRL data, exactly as tagged in the filing.

Three or more filings, compared

Parallel per-filing analysts read each document and return a comparison table, with every citation linking back into the specific filing on EDGAR.

PEER BENCHMARK
How does the market disclose supplier finance obligations?
Peer cohortBuilt from SIC classification
FootnotesExtracted at TextBlock boundaries
Reported figuresPulled from XBRL, not prose
Comparison tableEvery cite links back to EDGAR
Quarter close

The close calendar does not wait for a blank page

A new disclosure lands mid-close and the drafting still has to clear internal review. DisclosureIQ starts from the requirements and your peers' conventions, not from an empty document.

Point-and-click intake

Pick the ASC topic and answer 3 to 5 multiple-choice questions, every one answerable by clicking, never by typing. The answers decide which disclosure requirements apply before a word is drafted.

Your facts, their conventions

DisclosureIQ pulls how up to 3 comparable public companies disclose the topic in their latest 10-Ks and models your footnote on the structural pattern, grounded in cited handbook guidance on the requirements.

Coverage you can hand to a reviewer

Every draft arrives with a requirement-by-requirement checklist: met, needs an amount or detail from you, or not applicable with a one-line reason. Nothing is silently skipped.

COVERAGE CHECKLIST
Note: Revenue, modeled on 3 peer 10-Ks
Disaggregation of revenuemet
Contract balances rollforwardmet
Remaining performance obligationsneeds your amount
Practical expedients electedmet
Sales taxes policynot applicable
Review scrutiny

Positions documented before the auditors ask

The question is never whether a position gets reviewed, only whether the support exists when it is. Memos, citations, and redlines are built for the person checking the work.

Memos drafted issue by issue

MemoIQ quotes the guidance, writes the cited analysis, and lands a conclusion per issue. Structured classification tests arrive as decision trees the preparer walks.

Nothing mutates silently

AI review arrives as tracked changes with Accept and Reject, and a cross-issue consistency pass flags genuine contradictions between issues as margin comments.

The auditor's markup comes back in

Import the returned Word file and its comments and tracked changes attach to the matching memo blocks. Your response copy goes back with your edits as redlines.

Research a reviewer can check

Every claim carries a pill that opens the handbook at the exact page, and a verifier strips any citation it cannot support before the answer is shown.

RETURNED FROM AUDIT
The auditor's Word file, parsed back into the memo
Comment: support the discount rateAttached to the matching issue
Tracked change in the conclusionAccept or Reject, never silent
Response copyYour edits go back as redlines
The tools

Four tools carry the reporting file

Every plan includes all seven tools on GAAP IQ. These are the four an SEC reporting team reaches for first.

Every plan includes all seven tools: Professional is $149 per month, or $1,490 per year (two months free), and Enterprise is $399 per month, or $3,990 per year. Details on the pricing page. Different seat? See private companies, advisory firms, or audit teams. One worked fact pattern public preparers hit often: profits interest units in a business combination.

FAQ

Common questions

How does GAAP IQ benchmark our disclosures against peers?

FilingsIQ searches SEC EDGAR full text across filings since 2001, builds peer cohorts from SEC SIC industry classification, and extracts footnotes at inline-XBRL TextBlock boundaries, so you compare complete footnotes rather than fragments. Comparisons across three or more filings run parallel per-filing analysis and come back as tables, with every citation linking back into the specific filing on EDGAR.

Can it draft a footnote the way our peers disclose it?

Yes. DisclosureIQ pulls how up to three comparable public companies disclose the topic in their latest 10-Ks, distills the structural pattern, and drafts your footnote on it: your facts, their conventions. The draft is grounded in retrieved handbook guidance on the disclosure requirements and arrives with a requirement-by-requirement coverage checklist marking each item met, partial, or not applicable.

How does the output stand up to auditor and internal review?

Every conclusion carries clickable citations, and a verifier model checks each citation against its source text before display, stripping what it cannot support. Memos export to Word, the auditor's comments import back in and attach to the matching blocks, and your edits return as redlines. Treat the output as a research starting point, not professional advice: it is built so a qualified professional can verify every claim.

Is unreleased filing information safe in GAAP IQ?

GAAP IQ is built for draft agreements, unreleased filings, and pre-decision positions. Your content is isolated to your account, encrypted at rest and in transit, and never used to train AI models: every AI request carries a zero-data-retention constraint enforced in code, and uploaded documents are automatically deleted 24 hours later. The details are on the trust page.

Benchmark one disclosure before the next close

The free plan includes one full cited research session, one memo, one disclosure, one policy, and two schedules to try on a real question.

No credit card required