Accounting treatment & audit-defence · stage-1 prototype

Describe the transaction.
AcctkPrax argues it out.

Type a situation in plain English — "we bought a car with cash borrowed from a friend who's also an investor." AcctkPrax asks the one or two facts that change the answer, posts the journals, cites the standards, flags who's affected and what the regulator and tax authority will want — then re-reads its own answer as a hostile auditor and tells you what wouldn't survive review.

slot 02 · treatment — illustrative
Dr  Motor vehiclesX
Cr  BankX
Dr  BankX
Cr  Loan — related partyX
(being the loan received and the vehicle purchased — two events, not one)
What it does

It doesn't just answer. It works like an accountant.

Every response fills the same seven slots, so nothing gets skipped — and it interrogates the question before it answers, the way a careful professional would.

  1. It asks firstThe one or two missing facts that change the treatment — loan or equity? interest-bearing? — and why each one matters.
  2. TreatmentRecognition, measurement, classification, and the journals laid out as a ledger.
  3. BasisThe principle and the specific standard paragraph it rests on.
  4. PrecedentWhere the treatment is applied — left blank rather than invented if none is real.
  5. Stakeholder impactWho's affected, scored high / medium / low.
  6. Regulatory & taxFiling and disclosure obligations for your entity type — with tax kept in a separate, firewalled block.
  7. Audit defenceA second pass that attacks its own answer as a sceptical auditor and reports what it can't knock down.
Who it's for

Built for the people the big tools forgot

Students & trainees

ACA, ACCA, CIMA, AAT. You need the reasoning and what an examiner would attack — not just an answer.

Practitioners in growth markets

Where pricey technical-research subscriptions are scarce but the questions are just as hard. Entity- and jurisdiction-aware.

Anyone facing an odd posting

From sole trader to PLC — AcctkPrax changes the answer for capital, reserves, disclosure and tax accordingly.

No pretending

What it is — and what it isn't

Read this before you rely on it.

This is an early-stage prototype with no verified standards database behind it yet. It reasons from a language model's memory, so every standard reference is marked unverified — a starting point to check, never an authority.

It is a learning and first-pass triage tool, not a filing authority. Tax notes are indicative. Verify before you file, and confirm material judgements with a qualified professional.

Help build it — or just follow along

I'm inviting accountants to break it and tell me where it's wrong. Leave your email for progress and an invite when the verified version lands.

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