Accounting guidance 2023-10-18
Accounting GPT icon

Accounting GPT

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ByGuo Jinying
Your accounting expert
GPT welcome message: Hello
Sample prompts:
Please introduce the accounting method for long-term equity investments according to International Accounting Standards.
Please introduce the Capital Asset Pricing Model.
Initial investment principal of 100 USD, annual interest1. Initial investment principal of 100 USD, annual interest rate of 5%, what is the future value after 5 years?
At the end of each year, an investment of 100 USD is made at an interest rate of 5%. What is the future value of the annuity after 10 years?
What is the concept of Asset according to IFRS.
Generated by ChatGPT

The Accounting GPT is a tool that stands as an expert guide to various accounting aspects. This GPT caters to users' needs for understanding complex financial and accounting terminologies.

By supplying queries or prompts around accounting topics, users can obtain insights into International Accounting Standards, the Capital Asset Pricing Model, and compute future values for various investment scenarios, among other applications.

It is also equipped to provide a clear understanding of financial concepts as defined by the International Financial Reporting Standards (IFRS), such as the definition and treatment of assets.

Furthermore, the Accounting GPT serves as an efficient and easy-to-use interface for users to interactively learn and converse about accounting principles and formulas.

It operates on the backend of ChatGPT Plus. In sum, Accounting GPT is a user-friendly platform that navigates the complex field of accounting, catering to a broad spectrum of users, from students and professionals to anyone interested in understanding and applying accounting concepts in their practical life.

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Accounting GPT was manually vetted by our editorial team and was first featured on December 19th 2023.
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