GPT welcome message: Hello! Ready to assist with your accounting queries.

Sample prompts:

How do I account for depreciation?

Can you explain FIFO and LIFO?

What are the key differences between GAAP and IFRS?

How should I prepare for an external audit?

AuthorJosh Landers

Generated by ChatGPT

Accounting Oracle is a GPT expert in the field of accounting. By leveraging the power of ChatGPT, it provides users with insights and advice on a variety of financial matters, thus acting as a reliable source for accounting-specific information.

The GPT's capabilities make it not only a tool for simple question-and-answer formats, but also an informative guide for complex financial topics. From clarification on depreciation accounting, FIFO and LIFO concepts, distinguishing between GAAP and IFRS, to preparations for an external audit, Accounting Oracle is well-equipped to handle a wide range of accounting queries.

Its functionality extends to both professionals looking for a quick consult and individuals seeking basic understanding of accounting principles. Therefore, any user can get personalized, comprehensive answers to their accounting questions.

The tool requires a ChatGPT Plus subscription to access its services. The Accounting Oracle GPT is constantly evolving, as it learns and adapts from the interactions it encounters, consistently improving the quality and relevance of the insight it provides.