Financial Statement Preparation
Prepare income statement, balance sheet, and cash flow statement from trial balance data.
This open-source skill guides AI agents through preparing all three core financial statements from trial balance data. It covers income statement classification, balance sheet organization with current and non-current classifications, and cash flow statement preparation using the indirect method. Supports both GAAP and IFRS formatting standards. Essential for accounting professionals and finance teams during month-end close. MIT licensed and community maintained. For educational and productivity use only. Always verify AI-generated outputs with a qualified professional before acting on them.
Compatible Agents
Use Cases
- ✓Prepare income statement from trial balance
- ✓Build balance sheet with proper classifications
- ✓Generate cash flow statement using indirect method
- ✓Format financial statements to GAAP/IFRS standards
Trigger Phrases
How to Install
Copy the skill content, paste it into your AI agent's system prompt or project instructions, then describe your task.
Paste the skill link or content into your AI agent's system prompt or project instructions.
Requirements
- Claude Code or equivalent
- Trial balance or chart of accounts data
- Accounting period dates