Sr. No

Prompts for Accountants

1

“Generate a summary of the company’s financial performance for the last financial year”

2

“Explain in brief the amendments made in tax laws for small businesses this year.”

3

“Create a budget analysis report for our client’s upcoming fiscal year.”

4

“Explain the difference between GAAP and IFRS accounting standards.”

5

“Provide recommendations for reducing tax liability for a client with multiple investments.”

Sr. No

Prompts for General Accounting Tasks

1

“Explain the principles of double-entry accounting.”

2

“Generate a general ledger report for the previous fiscal year.”

3

“Describe the process of accrual accounting and its advantages.”

4

“Help me understand the differences between FIFO and LIFO inventory valuation methods.”

5

“Provide guidance on best practices for maintaining financial records.”

Sr. No

Prompts for Finding Errors in Balance Sheets & Ledgers

1

“Help me identify and rectify errors in the balance sheet.”

2

“Generate a ledger reconciliation report for the current fiscal year.”

3

“Explain common accounting mistakes that lead to inaccurate financial statements.”

4

“Provide guidance on handling discrepancies in trial balances.”

5

“Describe the importance of the chart of accounts in financial reporting.”

Sr. No.

Prompts for Communication & Advisory with Clients

1

“Draft an email to a client explaining their tax obligations for the upcoming quarter.”

2

“Create a presentation on financial strategies for a business owner.”

3

“Generate talking points for a client meeting to discuss investment options.”

4

“Explain the benefits of incorporating sustainability practices into financial planning to a client.”

5

“Enlist step-to-step guidance on communicating financial advice clearly to non-financial clients.”

Sr No.

Prompts for Data Analysis & Accounting

1

“Analyze the cash flow trends for the past year and identify areas for improvement.”

2

“Help me forecast future revenue based on previous data and current market trends.”

3

“Explain the key financial ratios used to assess a company’s financial health.”

4

“Generate a variance analysis report for our monthly expenses.”

5

“Describe the process of data normalization and its importance in financial analysis.”

Sr No.

Prompts for Professional Development

1

“How to stay updated on accounting regulations with the help of online courses and resources”

2

“Generate a study plan for passing the CPA (Certified Public Accountant) exam.”

3

“Explain the importance of ongoing professional development for accountants.”

4

” Suggest few relevant webinars and workshops available online for improving accounting skills.”

5

” Provide guidance on networking opportunities within the accounting profession.”

Sr No.

Prompts for Financial Advising and Planning

1

“Recommend an investment portfolio strategy for a client with a moderate risk tolerance.”

2

“Generate a retirement savings plan for a 40-year-old individual with specific income and goals.”

3

“Explain the concept of diversification in investment planning.”

4

” Help me create a financial roadmap for a client aiming to purchase their first home.”

5

” Provide guidance on tax-efficient wealth transfer strategies.”

Sr No.

Prompts for Tax Document Auditing & Summarizing

1

“”Summarize the key deductions and credits available for individual tax filers.”

2

“Explain the red flags that auditors look for during a financial audit.”

3

“Generate an audit report highlighting discrepancies in our financial statements.”

4

” Provide guidance on tax-efficient strategies for a client with international income sources.”

5

“Describe the IRS requirements for record retention by businesses.”

Sr No.

Prompts for Business Finances

1

“Generate a cash flow projection for the next six months for a small [business].”

2

“Explain the advantages and disadvantages of leasing vs. buying equipment for a business.”

3

“Help me understand the process of raising capital through debt financing.”

4

” Provide guidance on optimizing working capital for a growing business.”

5

“Describe the key performance indicators (KPIs) used to assess business financial health.”